The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
April 10, 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.
Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
Baltimore Port Closure Means 35% Drop in April Coal Exports
Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.
April 10, 2024Rental Clothing Firm Opens Kansas City Fulfillment Center
Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.
April 10, 2024World of Volvo Debuts in OEM’s °®¶¹´«Ã½town
GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.
April 10, 2024NTSB Eyes Ship’s Electrical System After Bridge Crash
Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer °®¶¹´«Ã½ndy said.
April 10, 2024Higher Gas and Rents Keep Inflation Elevated
WASHINGTON — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said April 10.
April 10, 2024$73 Million Cold Storage Site Set for Port of Gulfport
A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.
April 10, 2024Bill Coming to Clarify That Feds Pay for Baltimore Bridge
WASHINGTON — Maryland lawmakers announced they will introduce a bill that will make clear the U.S. government will cover the cost of rebuilding the collapsed Francis Scott Key Bridge.
April 9, 2024Rivian Hosts R2 Event in Illinois at New Production °®¶¹´«Ã½
Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.
April 9, 2024DTNA Q1 Sales Fall 5% Year-Over-Year as Demand Normalizes
Daimler Truck North America sold 46,220 trucks and buses in the first three months of 2024, a 5% decrease compared with the first quarter of 2023’s total of 48,891.
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