Negotiations to avert a major railroad strike in Canada will resume Aug. 7 after talks between the three parties were stalled for months.
August 6, 2024Trucking 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.
Canada’s Labor Minister Launches Talks to Avert Rail Strike
Perspective: OOIDA Sides With Su on Independent Contractors
Few issues are of greater importance to our industry than the rights of independent truckers. Unfortunately, special interests are fully invested in taking those rights away.
August 6, 2024Caterpillar Says 2024 Profits Will Be Higher Than Expected
Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.
August 6, 2024NYC Smart Roads Deter Heavy Trucks on Aging BQE
New York City officials plan to launch an automated enforcement weigh-in-motion program for inbound Staten Island traffic after it proved successful on the Brooklyn-Queens Expressway.
August 6, 2024SK Hynix Wins Grants, Loans for Indiana Chip Site
SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.
August 6, 2024Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024CSX Profit Slips Amid Baltimore Bridge Collapse Response
CSX railroad’s second-quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports.
August 6, 2024Lucid Gains After EV Maker Secures $1.5 Billion Lifeline
Lucid Group will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund, the second time this year the EV maker has received much-needed funding.
August 5, 2024Senate Greenlights Its Version of Water Infrastructure Act
In a show of bipartisanship, senators voted to inject billions into the nation’s ports, dams and canals, passing a sweeping water infrastructure bill.
August 5, 2024Road to NTDC Spotlight: Old Dominion Coming In Strong
Old Dominion Freight Line's Virginia team is enthused about its chances competing at the National Truck Driving Championships in Indianapolis, and for good reason.Â
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