Tri-State Truck Center Inc. announced it invested $3.7 million to expand its Springfield, Mo., dealership that sells models by Mack Trucks, Volvo Trucks North America and International.
November 30, 2020Trucking 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.
Amazon Merchants Say Deliveries of Some Products Are Delayed
Amazon .com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season.
November 25, 2020US Recovery More Tenuous as Jobless Claims Rise, Incomes Fall
Applications for U.S. state unemployment benefits unexpectedly posted the first back-to-back weekly increase since July, while Americans’ incomes and savings fell last month.
November 25, 2020VW’s Traton to Build China Truck Factory in Expansion Push
Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.
November 25, 2020Oil Advances to Eight-Month High on Demand Optimism
Oil extended gains, trading at its highest level since March, on mounting optimism that recent breakthroughs on a COVID-19 vaccine will lead to a swift recovery in global energy demand next year.
November 25, 2020FedEx, UPS Feel Van Squeeze Amid E-Commerce Rush
FedEx Corp. and UPS Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during a record surge in package volumes.
November 25, 2020High Freight Demand Provides Momentum for Trucking Industry
Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.
November 24, 2020UPS Will Make Dry Ice, Offer Freezers for Vaccine Distribution
UPS Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the courier prepares for the massive rollout of COVID-19 vaccines.
November 24, 2020Strehl Announces Acquisition of Rocketail
Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.
November 24, 2020Operational Cost of Trucking Down 9.3%, ATRI Finds
Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.
November 24, 2020Trending
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