The freight market could be shifting toward carriers after favoring shippers the past two years.
September 3, 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.
GM Signs Deal With Honda to Develop Future Products
General Motors and Honda have a deal to share vehicle platforms and technology in North America starting next year.
September 3, 2020Daimler, °®¶¹´«Ã½ See Path to Autonomous Trucking as Marathon
One year after Daimler Trucks purchased a majority share in U.S.-based °®¶¹´«Ã½ to develop Level 4 autonomous trucks, efforts have accelerated to bring out highly automated trucks within the decade, company executives said.
September 3, 2020US Trade Deficit Surges in July to Highest in 12 Years
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
September 3, 2020Jobless Claims Give Mixed Picture With Shift in Adjustments
U.S. unemployment-claims figures gave a mixed picture of the labor market amid government changes to seasonal adjustments to account for distortions from the pandemic.
September 3, 2020Airlines Are Removing Seats to Make Space for Cargo
Cargo, one of the least glamorous aspects of flying, is proving a rare ray of light for airlines amid the coronavirus gloom.
September 3, 2020Mitch McConnell Raises Doubts on New Stimulus
Senate Majority Leader Mitch McConnell expressed doubts about whether Congress can get a deal on another pandemic relief package when lawmakers return to Washington after a monthlong recess, despite the Trump administration’s push for a quick, targeted stimulus.
September 2, 2020Fed Survey Finds Pessimism About Economic Future
The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
September 2, 2020$3 Billion Planned for Next-Generation Hydrogen Power Plants
Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.
September 2, 2020United to Cut More Than 16,000 Jobs on Weak Travel Demand
United Airlines Holdings Inc. will eliminate 16,370 jobs next month as the carrier shrinks operations in response to the steep decline for air travel demand amid the COVID-19 pandemic.
September 2, 2020