The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.
April 19, 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.
The (Robot) Pizza Guy Is Here: Delivery Pods Gain Ground
While venture capitalists salivate over sentient transport trucks and robot SUVs that can safely navigate a Boston blizzard, some of the smartest self-driving engineers are making progress flipping chicken sandwiches.
April 19, 2021Historic Oil Glut Amassed During Pandemic Dissipates
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.
April 19, 2021Task Forces Set Sights on Controlling Corrosion
An American Trucking Associations Technology & Maintenance Council task force called for action April 16 to develop best practices to address cab corrosion.
April 16, 2021Sen. Roy Blunt Sees Path to Scaled-Down Infrastructure Deal
A senior Republican senator said fees for airports and other infrastructure, along with levies for highways, could be used to fund a bipartisan investment package, amid GOP opposition to the corporate tax hikes proposed by President Joe Biden.
April 16, 2021J.B. Hunt Reports Q1 Revenue Increased to $2.6B
J.B. Hunt Transport Services saw revenue and earnings increase due to strong segment growth during the first quarter of 2021, the company reported April 15.
April 16, 2021Drivers at Grocery Startup Imperfect Foods Vote to Unionize
Drivers at grocery delivery startup Imperfect Foods Inc. have voted to unionize, an apparent victory for organized labor as it steps up efforts to make inroads into California’s fast-growing startups. The company said it would challenge the results.
April 16, 2021Consumer Sentiment Rises Along With Inflation Expectations
U.S. consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years.
April 16, 2021°®¶¹´«Ã½ Construction Rebounds in March
WASHINGTON — U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.
April 16, 2021Port Manatee Sees Record Container Cargo Business
PORT MANATEE, Fla. — In spite of the COVID-19 pandemic, Port Manatee is experiencing a boom in business with containerized cargo trade increasing nearly 74% in the six months ending March 31, compared to the same period a year earlier.
April 16, 2021Trending
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