A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.
August 3, 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.
Stellantis Pumps Up Profitability Forecast in Earnings Debut
Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.
August 3, 2021DHL to Add Electric Planes to Fleet
The race toward zero-emission logistics chains is expanding from the road to the skies.
August 3, 2021Amazon Union Election Should Be Re-Run, US Labor Official Says
A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter.
August 3, 2021ZF Taps Wilhelm Rehm to Lead Forthcoming CV Unit
ZF Friedrichshafen AG announced it appointed Wilhelm Rehm to head its forthcoming new commercial vehicle solutions division as it pursues what the company called its ambitious commercial vehicle growth strategy worldwide.
August 2, 2021Dana Posts Solid Financials in Second Quarter
Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued.
August 2, 2021ArcBest Posts Record Revenue, Profits
ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.
August 2, 2021Why Southern California Is the New EV Mecca
California is fast becoming a leading research, design and manufacturing center for electric vehicles, and Southern California has an outsized part in that development.
August 2, 2021Amazon’s Whole Foods Adds Delivery Fee in Some Cities
Amazon .com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.
August 2, 2021Landstar Awards New Volvo Truck to Owner-Operator Dennis Bramblett
Landstar System awarded a new truck to driver Dennis Bramblett as part of a giveaway recognizing safe owner-operators.
August 2, 2021Trending
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