The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
November 12, 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 to Expand In-Garage Delivery to 4,000 US Cities
Amazon .com Inc. is about to see whether shoppers wary of contact with package delivery drivers would rather let them into the garage instead.
November 12, 2020Rep. Donald Payne Aims for Railroads Subcommittee Chairmanship
A senior member of New Jersey’s congressional delegation is vying to lead the panel with jurisdiction over the country’s freight and passenger railroad affairs.
November 12, 2020FedEx in Partnership to Use Facilities as Cloud Service Hubs
Dell Technologies Inc., FedEx Corp. and Switch Inc. are building a U.S. network of data centers, offering businesses an alternative to maintaining their own server farms or using major cloud providers such as Amazon .com Inc. and Microsoft Corp.
November 12, 2020Pfizer Vaccine Road Map Shows Logistical, Financial Obstacles
When Pfizer Inc. and BioNTech SE’s COVID-19 vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and inoculation points across China.
November 12, 2020October Class 8 Sales Underscore Replacement Demand
Class 8 U.S. retail sales in October remained 18.4% below year-ago levels and closed in on 19,000 to signal replacement demand is strong, analysts said.
November 12, 2020Food Retail Carriers Anticipate High-Demand Holiday Season
The food retail sector and fleets that support it are headed for a particularly busy holiday season, experts say.
November 12, 2020Holiday Ramp-Up Portends Glad Tidings for Trucking
A leading supply chain economist and data from a trucking industry research company show warehouses are filling up in advance of what could be a very busy holiday season.
November 10, 2020GAO Overturns Award of $19.9 Billion Global Military Moving Contract
The U.S. Government Accountability Office has overturned the award of a potential nine-year, $19.9 billion contract to a New Jersey company for moving military household goods worldwide.
November 10, 2020Carriers Highlight Industry Issues Persisting After Volatile Year
Trucking companies detailed the market challenges that persist in the waning weeks of 2020 during a three-day conference on economic trends.
November 10, 2020Trending
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