If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because by some metrics they’re both getting worse.
June 28, 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.
Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix
Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.
June 28, 2021McConnell Demands Infrastructure Be De-Linked From Fast-Track Bill
Senate GOP Leader Mitch McConnell demanded that President Joe Biden pressure Democratic congressional leaders to follow him in separating a bipartisan $579 billion infrastructure plan from a larger tax and spending bill that would carry out the rest of his economic agenda.
June 28, 2021Labor, Food Shortages in Supply Chain Take Toll on Restaurants
For many restaurateurs across Connecticut, daily deliveries of food have become inconsistent, later than usual and sometimes canceled at the last minute. Part of the problem is a shortage of staff at food purveyors and trucking companies.
June 25, 2021Mack Opens Dedicated Production Line for Army Truck
Mack Defense, a unit of Mack Trucks, announced it is now producing heavy dump trucks at the Mack Experience Center, after a $6.5 million investment to create a dedicated production line at the facility in Allentown, Pa.
June 25, 2021Chip Shortage Will Get Worse, Intel CEO Says
Intel Corp. CEO Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve.
June 25, 2021Infrastructure Spending Promises Boost for Construction Industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid foundation for growth.
June 25, 2021Uncertainty Surfaces Over Infrastructure Deal
WASHINGTON — Livid and “blindsided” over President Joe Biden’s refusal to sign a bipartisan infrastructure deal without passage of his broader priorities, Republican senators June 25 were frantically considering options as the future of the sweeping compromise appeared in doubt.
June 25, 2021Forward Air Names Rebecca Garbrick Chief Financial Officer
Forward Air Corp. announced it named Rebecca Garbrick chief financial officer and treasurer, effective July 4.
June 25, 2021Mullen Group Completes Acquisition of Two Companies
Mullen Group has closed acquisitions on two transportation businesses, the Okotoks, Alberta, company announced June 24.
June 25, 2021Trending
Newsletter Signup
Subscribe to Transport Topics
