Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.
December 12, 2024Trucking 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.
Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
Trump’s Push to Eliminate EV Tax Credits Hits Red States
President-elect Donald Trump’s vow to repeal subsidies for electric vehicles risks pushing Republican congressional allies into conflict with their home-district economic interests.
December 12, 2024DHL Sees Holiday Season Returning to Historical Norms
The DHL 2024 Peak Season Shipping Survey revealed Nov. 19 that 48% of small and medium-sized enterprises expect a year-over-year increase in holiday sales.
December 12, 2024Trucking, Logistics Experience Another Strong Holiday Season
The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.
December 12, 2024Wholesale Inflation Accelerated in November
WASHINGTON — Wholesale costs picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak of two years ago.
December 12, 2024Experts Call Trump’s Energy Tariff Plan ‘Hugely Destructive’
Charging 25% levies on oil and gas from Canada and Mexico would spike gasoline prices in the Midwest and raise electricity costs along both U.S. coasts.
December 12, 2024New Jersey Considers Fees on Gas, Oil Producers
TRENTON, N.J. — The New Jersey Legislature is considering charging gas and oil producers fees, and creating a Climate Superfund to clean up toxic waste.
December 12, 2024Ontario Premier Issues Energy Warning Over Trump Tariffs
TORONTO — The premier of Canada’s most populous province said he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products.
December 12, 2024US Raises Tariffs on Imports of Some Chinese Technology
BANGKOK — The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses.
December 12, 2024Kal Freight Adds Directors After Being Accused of Malfeasance
A judge approved adding independent directors to Kal Freight’s board after the bankrupt trucking firm was accused of double-pledging its trucks as collateral to obtain financing.
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