It has been more than six years since America’s public companies began searching for African “conflict minerals” throughout their supply chains, and it remains difficult for trucking-related companies to know if some of their products are being made using tantalum, tin, tungsten or gold, or “3TG,” mined and refined in Congo and nine of its neighbor countries.
June 4, 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.
Cristobal Expected to Regain Strength After Storm’s Pass Over Mexico
The hills of the Yucatan Peninsula sapped Tropical Storm Cristobal of some of its power on June 4, but forecasters warn it will likely gain strength as it heads north across the Gulf of Mexico to the U.S coast, where it could bring downpours, high winds and rough surf.
June 4, 2020Transplace Acquires Parcel TMS Provider ScanData
Transplace acquired parcel transportation management solutions provider ScanData Systems.
June 4, 2020US Jobless Claims Slow While Underscoring Persistent Weakness
As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing — though far from a halt — in job losses.
June 4, 2020Class 8 Orders in May Begin New Cycle’s Slow Upturn
North American Class 8 orders in May fell below 7,000, ACT Research reported, an uptick from April’s historic low as industry analysts said progress will be slow as long as COVID-19 remains a major concern.
June 4, 2020Nikola Goes Public; Class 8 Battery-Electric Vehicle Due in 2021
VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks.
June 3, 2020DAT Acquires Freight Intelligence Business From Chainalytics
DAT Solutions has reached a deal to acquire the Freight Market Intelligence Consortium, a subscription-based benchmarking and analysis service, DAT announced June 1.
June 3, 2020Trump Administration Moves to Block Chinese Airlines From US
The Trump administration moved June 3 to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the countries.
June 3, 2020Number of Electric Commercial Vehicle Offerings Surge, Calstart Says
North America is experiencing a surge in zero-emission commercial vehicle offerings, according to research from Calstart, a clean transportation accelerator.
June 3, 2020Cristobal Batters Mexico Before Heading North to Gulf Coast
Tropical Storm Cristobal brought heavy rain to southern Mexico June 3, and with a forecast that has it re-entering the Gulf of Mexico within a day, oil-platform workers are already being evacuated.
June 3, 2020Trending
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