°®¶¹´«Ã½ Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart.
November 16, 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.
China Calls for Rejecting Protectionism as It Braces for Biden
Chinese Vice President Wang Qishan called for global solidarity and a shift away from protectionism as Beijing grapples with the prospect of a new administration in Washington.
November 16, 2020Meritor, DTNA Extend Air Disc Brake Deal
Meritor Inc. and Daimler Trucks North America announced that Meritor EX+ LS air disc brakes will be standard on all wheel positions on Freightliner Cascadia truck models through 2025.
November 16, 2020Surprise Cargo Surge Could Surpass Last Year’s Holiday Period
Freight carriers including container shippers and cargo airlines say global demand is building toward a seasonal peak that could outstrip last year’s as more consumers shop online to overcome coronavirus curbs.
November 16, 2020CVG Posts Lower Earnings, Revenue in Q3
CVG reported lower net income and revenue in the third quarter as a result of a drop in commercial vehicle build rates offset by results from warehouse automation initiatives in the expanding e-commerce environment.
November 16, 2020Meritor Fiscal Q4 Earnings Cut by Falling Demand
Meritor Inc. reported lower fiscal fourth-quarter net income and revenue, pointing to the COVID-19 pandemic’s effect on customer demand.
November 16, 2020Ports See Huge Volume Swings in 2020
Amid these dramatic swings in demand, ports have continued to pursue infrastructure improvement projects.
November 13, 2020North America’s Busiest Cargo Airports
While it remains to be seen how the pandemic might shift air freight patterns over the long term, this listing of the 100 busiest cargo airports in North America provides an overview of the most important hubs for air freight.
November 13, 2020USMCA Bodes Well for Cross-Border Freight
Both the improved trade activÂity and a promising future for the USMCA are favorable developments for trucking because 80% of cross-border trade moves via truck.
November 13, 2020Global Trade Recovering Amid Pandemic
Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.
November 13, 2020