WASHINGTON — Nearing decision time, senators were struggling to wrap up work on the bipartisan infrastructure plan despite hopes to expedite consideration and voting on the nearly $1 trillion proposal.
August 6, 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.
US Added 943,000 Jobs in July
WASHINGTON — Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% as the U.S. economy continues to bounce back from last year’s coronavirus shutdown.
August 6, 2021Digital Series Spotlights TT Magazines in Debut Episodes
Transport Topics has launched a digital event series that spotlights its supplemental publications, and featured its new Calibrate equipment-focused magazine and redesigned iTECH technology publication in its debut episodes.
August 5, 2021Automakers Join Biden in Pledge to Boost EV Sales
DETROIT — The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026, and it has won a voluntary commitment Aug. 5 from the industry that electric vehicles will comprise up to half of U.S. sales by the end of the decade.
August 5, 2021Class 8 Orders Steady in July
Class 8 orders poked along in July at about 25,000, ACT Research reported as order boards appear full for the remainder of this year.
August 5, 2021ATA Legal Forum Offers Strategies to Counter Lawsuit Abuses
From the rise in multimillion dollar “nuclear” jury verdicts against motor carriers to federal and state efforts to redraw the industry’s independent contractor business model, these are pressing times for lawyers that represent trucking companies.
August 5, 2021Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid
Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.
August 5, 2021Uber’s Do-It-All Approach Stalls Pursuit of Profit
Another quarter passed, and Uber Technologies Inc. is a little further from its goal of posting an adjusted profit by the end of the year.
August 5, 2021Yellow Narrows Year-Over-Year Loss to $9.4 Million in Q2
Yellow Corp. reported an increase in net revenue and a narrower net loss for the second quarter.
August 5, 2021CVG Reaches Record Quarterly Revenue in Q2
Commercial vehicle supplier CVG reported higher second-quarter net income and record quarterly revenue as it continued to diversify its customer base and emphasize secular growth.
August 5, 2021Trending
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