In the event of a spill, being prepared with a response plan can make all the difference. Learn how to position your company to protect your bottom line and your brand from unnecessary costs, liabilities and damage.
February 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.
ODFL Expands National Service Center Network
Old Dominion Freight Line Inc. has added nine service centers in new and existing markets, the less-than-truckload carrier announced. The steady growth brings the count to 245 and solidifies Old Dominion’s presence across the continental United States.
February 9, 2021Diesel Surges 6.3¢ for Biggest Weekly Rise Since 2019
The nationwide average price of diesel fuel increased by 6.3 cents per gallon to $2.801, marking the 14th straight week with a gain and the largest rise in nearly 17 months, according to U.S. Energy Information Administration data released Feb. 8.
February 8, 2021Saia Reports Earnings Nearly Doubled to $40.2 Million for Q4
Saia Inc. saw income surge and revenue gains during the fourth quarter, the company reported Feb. 8.
February 8, 2021BP Swaps High Returns for a Cleaner Future With Unproven Profits
One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.
February 8, 2021American Tire to Eye $1 Billion Refinancing Post Bankruptcy
Bankers for American Tire Distributors Inc. are sounding out investors on a junk bond sale that would help the company refinance its debt more than two years after exiting bankruptcy, according to people with knowledge of the matter.
February 8, 2021Bitcoin Surges to Almost $45,000 After Tesla Discloses Purchase
Bitcoin surged to an all-time high after Tesla Inc. said it has invested $1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company.
February 8, 2021Increase in Online Shopping Spurs Innovation for Shipping Packaging
Effective shipment packaging relies as much on science and engineering as it does diligence and common sense. Matching the right box for the product and properly securing palletized shipments is crucial in the physically challenging environment of a less-than-truckload or parcel network.
February 8, 2021US Dockworkers May Get Better Vaccine Access
Dockworkers at the busiest U.S. gateway for trade with Asia soon may have better access to coronavirus vaccines, as officials on the West Coast battle congestion blamed on shortages of labor and equipment needed to handle a record influx of cargo.
February 8, 2021Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
February 8, 2021Trending
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