Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.
March 31, 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.
ATA Supports Federal Legislation to Help States Curb Cellphone Use for All Motorists
American Trucking Associations has announced its support for federal legislation aimed at helping states curb distracted driving using cellphones for all motorists, a leading cause of highway accidents and fatalities.
March 31, 2021Stellantis to Offer New Vans Pairing Hydrogen and Battery Power
Stellantis NV’s new range of cargo vans running on both hydrogen and plug-in electric technology offer the promise of emitting only water vapor and refueling time on par with going to the gas station.
March 31, 2021Geodis Announces Plans for Remote-Operated Forklifts
Logistics giant Geodis SA says it plans to begin using remote-operated forklifts in its warehouses. The Paris-based company announced early March 31 that it has formed a partnership with Silicon Valley start-up Phantom Auto to supply teleoperations.
March 31, 2021Embark Announces First OEM-Agnostic Self-Driving Interface
Autonomous technology company Embark announced a new self-driving system whose components and flexible interfaces are intended to be OEM-agnostic and accelerate fleet deployments.
March 31, 2021Daimler’s Mercedes-Benz to Start Electric Van Production in US in 2023
Mercedes-Benz is bringing production of its new electric delivery van to the U.S. in the second half of 2023, joining a herd of automakers seeking to capitalize on the greening of e-commerce.
March 30, 2021Hertz Competing Reorganization Plans Hinge on Pending Details
The fate of Hertz Global Holdings Inc. depends on details still pending behind two formally submitted bids, it said in court papers.
March 30, 2021Roadrunner Takes Major Steps in Transformation Plans
Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.
March 30, 2021Georgia Ports Authority OKs $205 Million for Savannah Expansion
The board of the Georgia Ports Authority voted March 29 to spend $205 million to expand the Savannah facility, adding to $100 million authorized several months ago.
March 30, 2021Truck Parking Legislation Introduced in US House
A bill designed to facilitate access to parking around the country for commercial vehicles was recently introduced in the U.S. House of Representatives.
March 30, 2021Trending
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