Old Dominion Freight Line Inc. announced it added nine service centers in new and existing markets during the first half of the year to lift its nationwide service center total to 238.
August 10, 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.
Trumpās Executive Actions Fail to Jolt Stalled Relief Talks
Two days after President Donald Trump moved to implement scaled-down coronavirus relief without congressional approval, thereās no indication the tactic will get Republicans and Democrats back to the negotiating table for a comprehensive stimulus.
August 10, 2020Nikola Secures Order From Republic Services for at Least 2,500 Vehicles
Nikola Corp. announced it received a minimum order for 2,500 heavy-duty electrified refuse trucks from Republic Services Inc. that could expand to 5,000 over the life of the agreement.
August 10, 2020Fiat Chrysler Calls GMās Bribery Allegations āPreposterousā
Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are āpreposterousā and read like a script from a āthird-rate spy movie,ā FCA lawyers wrote in court documents filed Aug. 10.
August 10, 2020Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal
Hydrogen-powered vehicles could soon be more common on the streets of Australiaās biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.
August 10, 2020Mall Operator Weighs Empty Spaces as Amazon Centers
Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.
August 10, 2020USPS Overhaul Challenged by Democrats
The U.S. Postal Service overhauled its organizational structure, as Democrats called for an investigation into whether the changes implemented by President Donald Trumpās postmaster general pose a threat to mail-in ballots for the November election.
August 10, 2020Trump Allows Some Unemployment Pay, Defers Payroll Tax
BEDMINSTER, N.J. ā Seizing the power of his podium and his pen, President Donald Trump on Aug. 8 moved to bypass the nationās elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.
August 8, 2020Ringleader Pleads Guilty in Connection With Staged La. Accidents
The ringleader of a New Orleans-area group that staged accidents with unsuspecting tractor-trailer drivers has pleaded guilty for his role in the conspiracy.
August 7, 2020Americold Posts Q2 Gains in Earnings, Revenue
Americold Realty Trust reported improved net income and revenue for the second quarter.
August 7, 2020