Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.
January 19, 2022Trucking 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.
Truck Tonnage in December Increases 1.4% Year-Over-Year
Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.
January 19, 2022J.B. Hunt Reports Higher Profit, Revenue for Q4 2021
J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.
January 19, 2022The Federal Response to a Disrupted Supply Chain
By the end of last year, the long-awaited $1 trillion infrastructure policy bill was signed into law, the holiday season saw the vast majority of packages delivered with minimal delays, and the USDOT announced more than $241 million in grants to domestic ports.
January 19, 2022Schneider Plans to End Canadian Operations
Schneider National plans to wind down its Canadian operations later this year, the company confirmed.
January 19, 2022Transportation Committees Prep New Waterways Bill
Congressional transportation policymakers recently announced plans to kick off consideration of legislation aimed at improving the country’s transportation waterways.
January 19, 2022Tesla Rumor Mill Misfires, Exasperates Even Elon Musk
Steel Dynamics, a Fort Wayne, Ind.-based steel producer, has gotten all sorts of attention lately from Tesla fans and followers. This has been entirely unfounded, and is one of several examples of the narrative around the Elon Musk-led company getting ahead of reality recently.
January 19, 2022Oil Hits Seven-Year High as IEA Turns Bullish on Outlook
Oil climbed to the highest mark since October 2014 as the International Energy Agency said the market looked tighter than previously thought, with demand proving resilient to omicron.
January 19, 2022Army Corps of Engineers Gets $14 Billion to Help Ease Supply Chains
The Biden administration on Jan. 19 announced the release of $14 billion to the Army Corps of Engineers to fund 500 projects, with a focus on easing supply chain problems and addressing climate change.
January 19, 2022Trending
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