The Energy Information Administration reported Jan. 25 the national average price of diesel rose by two cents to $2.716 a gallon.
January 25, 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.
Alaska Cargo and Cold Storage Expands in Anchorage
Alaska Cargo and Cold Storage has executed with the state of Alaska a 55-year lease agreement at Ted Stevens Anchorage International Airport for a 700,000-square-foot, climate-controlled warehouse facility at the worldās sixth-busiest cargo airport.
January 25, 2021CSX Reports Lower Q4 Earnings Amid COVID-19 Pandemic
CSX Corp. reported lower fourth-quarter and annual income and revenue compared with 2019, officials for the Class I railroad said Jan. 21.
January 25, 2021Biden to Approach China Relationship With āPatience,ā White House Says
President Joe Bidenās administration is approaching its relationship with Beijing with āpatienceā and plans to review hard-line policies that were a hallmark of Donald Trumpās presidency, Press Secretary Jen Psaki said.
January 25, 2021DTNA, SoCal Edison, Schneider Cooperate on Electric Truck Expansion
Daimler Trucks North America announced Southern California Edison, the primary electricity supply company for much of Southern California, used a Freightliner eCascadia from DTNA to deliver an electrical transformer to a Schneider terminal in Los Angeles.
January 25, 2021J.B. Hunt Reports Strong Q4, Full-Year Earnings
J.B. Hunt Transport Services reported higher earnings and revenue for the fourth quarter of 2020, but said income dipped even as revenue rose for the full year.
January 25, 2021Kansas City Southern Reports Mixed Q4 Earnings
Kansas City Southern reported a higher fourth quarter and higher annual net income, but lower revenue for the period.
January 25, 2021Biden āOpen to Negotiateā on Stimulus, Seeks GOP Backing
President Joe Biden said heās open to reshaping his $1.9 trillion COVID-19 relief proposal as the administration seeks a bipartisan deal, though didnāt rule out pursuing a Democrat-only route for passage.
January 25, 2021Connecticut DOT Unveils $9.7 Billion Transportation Investment Plan
The Connecticut Department of Transportation released its $9.7 billion capital plan, which includes investments across various modes of transportation over the next five years.
January 25, 2021Shipping Container Crunch Shows Signs of Easing, Index Shows
A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.
January 25, 2021Trending
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