Day & Ross detailed the potential next steps of its multiyear expansion plan amid the completion of a new facility Aug. 19.
August 20, 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.
Volvo Trucks Partners With India’s Delhivery for Express Operations
Logistics company Delhivery and Volvo Trucks have joined hands to test and deploy a new transport solution for express operations that will help address the challenges in speedy delivery and cost efficiencies of services.
August 20, 2020ACT Virtual Series Highlights Environmental Sustainability Challenges
Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.
August 20, 2020ATA Expands With Moving and Storage Conference, Council
Stakeholders from the moving and storage industries have been made part of two groups that American Trucking Associations’ executive committee recently voted to create.
August 20, 2020UPS, FedEx Out to Prove They Can Profit in Holiday Season
UPS Inc. and FedEx Corp., riding high from record package deliveries amid the coronavirus pandemic, are moving on to their next objective: showing investors they can boost profit in the approaching onslaught of the holidays.
August 20, 2020Jobless Claims Unexpectedly Increase to More Than 1 Million
Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to recovery.
August 20, 2020IMCC Files Claim Against OCEMA, Ocean Carriers
American Trucking Associations’ Intermodal Motor Carriers Conference on Aug. 17 filed a complaint against the Ocean Carrier Equipment Management Association and 11 international ocean carriers alleging conduct that violates the Shipping Act, charging they inflated prices in the intermodal chassis market at dozens of ports across the country.
August 20, 2020Carriers Get Extension to Rid Systems of Chinese Technologies
The Director of National Intelligence has extended the deadline to Sept. 30 for a requirement that motor carriers that do business with the federal government locate and purge telecommunications equipment manufactured by five Chinese companies that may be in use in their operations.
August 19, 2020White House Open to $25 Billion for USPS, McEnany Says
The Trump administration is willing to consider the Democrats’ plan to spend $25 billion on the U.S. Postal Service — as long as lawmakers also provide other coronavirus relief sought by the White House, said spokeswoman Kayleigh McEnany.
August 19, 2020Fed Minutes Note Consumer Spending Rebound, Uncertainty
U.S. central bankers noted the rebound in consumer spending at their last meeting but repeated their view that the path of the recovery would depend on containment of the virus.
August 19, 2020