The memory of 2020 will be forever linked to the COVID-19 pandemic.
December 18, 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.
Clean Energy Fuels Adds RNG Contracts
Clean Energy Fuels Corp. announced new and extended contracts for more than 58 million gallons of its Redeem brand of renewable natural gas.
December 18, 2020Year in Review: Trucking Emerges Strong After Challenging 2020
Trucking emerged from one of the most challenging years on record strong and battle-tested, as robust freight demand propelled by soaring demand for consumer goods amid the coronavirus pandemic boosted spot rates and lifted financial results for many publicly traded fleets.
December 18, 2020J.B. Hunt Adds Temperature-Controlled Services to Tech Platform
J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.
December 18, 2020Siemens Explores Fresh Attempt to Sell Logistics Unit
Siemens AG, Europe’s largest engineering company, is exploring a fresh attempt to sell its postal and airport logistics unit, according to people familiar with the matter.
December 18, 2020Asked and Answered: FMCSA Experts Address HOS Questions
FMCSA officials addressed concerns related to the final rule on hours-of-service regulations during an online question-and-answer session on the final rule Dec. 17.
December 18, 2020LNG Surges to Six-Year High With Cold Snap in Importing Nations
Liquefied natural gas has made a dramatic rebound from a pandemic-induced demand collapse, and the rally in the heating and power-plant fuel could extend into next year.
December 18, 2020Fiat Chrysler CEO Mike Manley to Run Americas After PSA Merger
DETROIT — Fiat Chrysler CEO Mike Manley will run operations in the Americas when his company merges with France’s PSA Peugeot early next year.
December 18, 2020Coca-Cola to Lay Off 2,200 Workers as it Pares Brands
The Coca-Cola Co. said Dec. 17 it’s laying off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.
December 18, 2020FedEx Reports Record FY Q2 Net Sales of $20.5 Billion
The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.
December 17, 2020