Drivers at grocery delivery startup Imperfect Foods Inc. have voted to unionize, an apparent victory for organized labor as it steps up efforts to make inroads into California’s fast-growing startups. The company said it would challenge the results.
April 16, 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.
Consumer Sentiment Rises Along With Inflation Expectations
U.S. consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years.
April 16, 2021°®¶¹´«Ã½ Construction Rebounds in March
WASHINGTON — U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.
April 16, 2021Port Manatee Sees Record Container Cargo Business
PORT MANATEE, Fla. — In spite of the COVID-19 pandemic, Port Manatee is experiencing a boom in business with containerized cargo trade increasing nearly 74% in the six months ending March 31, compared to the same period a year earlier.
April 16, 2021Daimler Profit Tops Estimates as China Leads Sales Recovery
Daimler AG reported significantly better first-quarter earnings than analysts expected, driven by strong demand for Mercedes-Benz cars, particularly in China.
April 16, 2021Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup
Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.
April 16, 2021Buttigieg Promotes Budget for DOT, Touts Infrastructure Plan
The Biden administration’s proposal to increase funding for operations at the U.S. Department of Transportation would enhance the flow of commerce and respond to concerns linked to climate change, Secretary of Transportation Pete Buttigieg told House lawmakers April 15.
April 15, 2021Supply Chain Industry Calls on Congress to Pass DRIVE-Safe Act
A group of supply chain industry representatives, including trucking leaders, sent a letter to members of Congress on April 14 urging them to pass legislation that would allow truckers under age 21 to drive across state lines.
April 15, 2021TuSimple Raises $1.35 Billion Through IPO
Autonomous truck developer TuSimple raised $1.35 billion through its initial public offering, a move that will help fund the company’s push to commercialize self-driving trucks and expand its autonomous freight network across the United States.
April 15, 2021In Pandemic-Era First, Driving on US Highways Tops 2019 Levels
Here’s the latest sign of the great U.S. gasoline comeback: For the first time since the pandemic started, driving on the nation’s highways is higher than at the same time in 2019.
April 15, 2021Trending
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