The number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market is still gradually recovering while remaining far from its pre-pandemic health.
October 22, 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.
Senators Laud Freight Rail Industry
As they advocated for additional emergency aid for transportation stakeholders, the leadership of a Senate committee touted freight railroads’ role during the coronavirus pandemic.
October 22, 2020Clarified Guidance Supports Health Care Access for Cross-Border Truckers
The College of Physicians and Surgeons of Ontario has clarified its policy on treating truck drivers who cross the border from the United States into Canada for essential operations.
October 21, 2020Landstar System Reports Net Income, Revenue Increase for Q3
Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.
October 21, 2020Tesla, Heinz Hit Brexit Snag in UK
Household-name companies including Tesla Inc. and Kraft Heinz Co. are racing to avoid a Brexit crisis at year-end, as a shortage of customs brokers threatens their ability to move goods between Britain and the European Union.
October 21, 2020Top US Dealer Warns Automakers Are Missing Resupply Deadlines
AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers.
October 21, 2020Knight-Swift Posts Q3 Increases in Earnings, Revenue
Knight-Swift Transportation Holdings Inc. saw net income and revenue increase during the third quarter of 2020, the company reported Oct. 21.
October 21, 2020Pelosi, Mnuchin Near a Deal, With Post-Election Vote Floated
White House Chief of Staff Mark Meadows said the goal in talks with House Speaker Nancy Pelosi is a deal on a coronavirus relief package within the next 48 hours.
October 21, 2020GM ‘Going Forward’ With Nikola Partnership Talks on Trucks
General Motors Co. is moving ahead in its talks with startup Nikola Corp. over a proposed partnership to make electric and fuel cell powered trucks, a senior executive at the Detroit automaker said.
October 21, 2020Canadian National Reports Q3 Drop in Earnings, Revenue
For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.
October 21, 2020Trending
Newsletter Signup
Subscribe to Transport Topics