Amazon.com Inc. said it will pay college tuition for select frontline employees, becoming the latest big U.S. employer to offer educational perks to attract and retain workers in a tight labor market.
September 9, 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.
Canadian Pacific Moves Into Lead Position for Merger With KCS
Canadian Pacific Railway has edged ahead of rival Canadian National in the back-and-forth battle to acquire Kansas City Southern, as a key vote from KCS shareholders and an earlier ruling from the Surface Transportation Board point toward resolution of a duel that has been brewing for the better part of six months.
September 9, 2021Owner of Terminal at Port of Los Angeles Explores Sale
EQT Infrastructure, an arm of alternative-asset manager EQT AB, is exploring a sale of its 90% controlling stake in Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, according to people with knowledge of the matter.
September 9, 2021Walmart Breaks Green-Bond Record With $2 Billion Debut Sale
Walmart Inc. made its green bond market debut with a $2 billion offering Sept. 8, the largest ever from a U.S. corporation, according to data compiled by Bloomberg.
September 9, 2021US House Kicks Off $3.5 Trillion Budget Process
Infrastructure and climate change priorities of President Joe Bidenās domestic agenda will be considered when congressional lawmakers return to the nationās capital the week of Sept. 13.
September 9, 2021White House Blasts Meatpackers for Grocery āProfiteeringā
The Biden administration is taking aim at major meatpackers, charging that āpandemic profiteeringā is squeezing consumers and farmers alike, with a few companies that dominate the industry raking in record profits.
September 9, 2021UPS to Hire 100,000, Many in 30 Minutes or Less
The package delivery company said Sept. 9 that it plans to hire more than 100,000 people for the busy holiday shipping season, many of whom will get job offers within 30 minutes of applying.
September 9, 2021Distraction, Fatigue Continue to Challenge Drivers, Study Says
A new study has concluded that talking and singing in the cab are not distracting for truck drivers, but other common activities such as adjusting the seat belt, reaching for food or drink, and adjusting the instrument panel or mirrors showed significant risk of a crash or near-crash.
September 9, 2021OEMs Outline Vision for EV Transition Phases, Targets for Next 20 Years
LONG BEACH, Calif.ā Truck maker executives said they are preparing for when broader support for zero-emission vehicles will come and sales will climb. For now, financial incentives, sell-side rules and the promise of corporate sustainability goals are supporting the medium- and heavy-duty truck electrification market.
September 9, 2021California Natural Gas Prices Hit Highest Since Texas Crisis
Californiaās record heat is sending natural gas prices in the region to the highest since February as electricity demand surges at a time when supplies needed by power plants have been tight.
September 9, 2021Trending
Newsletter Signup
Subscribe to Transport Topics
