Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railwayās objections to its delayed plan to take over almost 1,200 miles of New England railways.
July 7, 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.
Western Fires Halt Hundreds of Canada Railcars, Slowing Exports
Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the regionās severe heat wave, creating a bottleneck of exports and delaying imports.
July 7, 2021Truck Parking, Freight Policies Included in House Highway Bill
A multiyear highway policy bill recently approved in the U.S. House of Representatives would fund a comprehensive truck parking initiative, and pave the way for the adoption of other freight-centric programs.
July 6, 2021California Transportation Commission Invests $1.18 Billion in Infrastructure Projects
The California Transportation Commission has allocated $1.18 billion for infrastructure projects throughout the state.
July 6, 2021L.A. Port Hits Milestone for Processing Containers
The Port of Los Angeles became the first port in the Western Hemisphere to process 10 million container units in a 12-month period, reaching the milestone on June 10.
July 6, 2021Fuel Use Tops Pre-Virus Level Heading Into Holiday
U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said.
July 6, 2021Biden Administration āEncouragedā by Ongoing OPEC Talks
Biden administration officials are āencouragedā by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said.
July 6, 2021Knight-Swift Transportation Acquires AAA Cooper
Knight-Swift Transportation Holdings has announced a deal to acquire less-than-truckload specialist AAA Cooper Transportation.
July 6, 2021ZF Group Launches Digital Validation Tool ADAS.ai
ZF Group's new scalable suite of data- and AI- based services is intended to help original equipment manufacturers digitally accelerate the development of advanced driver assist systems for commercial vehicles and passenger cars.
July 6, 2021Bipartisan House Group Backs Biden-Senate Infrastructure Deal
A bipartisan group of House lawmakers on July 6 publicly endorsed President Joe Bidenās $579 billion infrastructure deal with a group of Republican and Democratic senators, giving the compromise fresh momentum at the start of a crucial month for the administrationās agenda.
July 6, 2021Trending
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