WASHINGTON — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown.
November 5, 2021Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Revenue Rises, Profit Drops for Mullen Group in Q3
Canadian carrier Mullen Group Ltd. reported record revenue but saw profits decline in the third quarter.
November 5, 2021Texas Expands CDL Testing to 6 Days a Week
Texas is expanding truck driver license testing to six days a week in response to a nationwide shortage that has contributed to supply chain snarls across the economy.
November 4, 2021Maine Voters Approve $100M Transportation Bond
Maine voters backed a question Nov. 2 authorizing another $100 million in transportation bonds, the seventh straight year the state has approved such a referendum aimed at addressing funding shortfalls for crucial infrastructure.
November 4, 2021October Class 8 Orders Near 22,000
North American Class 8 orders in October nearly hit 22,000, according to ACT Research.
November 4, 2021UPS, TuSimple Expand Partnership
UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.
November 4, 2021US-Canada Trade Spat on Trees Adds to Lumber Swings
As if things weren’t volatile enough in the lumber market, a Canada-U.S. trade tussle will make things worse.
November 4, 2021Truckers Exempt From Vaccine Mandate, Labor Secretary Says
Truck drivers traveling alone in their cabs are exempt from a new interim final rule mandating that employees for large private companies get COVID-19 vaccinations, according to a statement by U.S. Labor Secretary Marty Walsh.
November 4, 2021OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase
OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.
November 4, 2021The Economic Impact of Supply Chain Disruptions
While some ports have announced a move to 24/7 operations, supply chain disruptions are expected to persist through 2022 and - with holiday season around the corner - what does this mean for the nation's retailers?
November 4, 2021Trending
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