A potential strike by 340,000 unionized workers at UPS Inc. threatens to unravel progress in tackling two of the U.S. economy’s biggest hurdles: inflation and supply chain disruptions.
July 21, 2023Trucking 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.
A UPS Strike May Curb Progress on Inflation, Supply Chains
‘Family’ Reunion: Swan Qualifies for Sixth Nationals
Preparation paid off for FedEx Freight driver Paul Swan at the Colorado Truck Driving Championships. That it felt like a family reunion was just the cherry on top.Â
July 21, 2023Amazon, Six Other Companies Commit to AI Safeguards
President Joe Biden said the U.S. must guard against threats from artificial intelligence as he detailed new company safeguards and promised government actions on the emerging technology.
July 21, 2023Amazon to Roll Out Palm Payment Technology at Whole Foods
Customers at Amazon’s Whole Foods Market stores will soon be able to pay for their groceries with a wave of their hand.
July 21, 2023Nikola Sells Arizona Hydrogen Production Project to Partner
Truck maker Nikola agreed to sell its Phoenix Hydrogen Hub project to partner Fortescue Future Industries for $24 million, the companies said.
July 21, 2023Knight-Swift Reports 71% Earnings Drop for Q2
Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.
July 21, 2023Canada Dockworkers to Vote on New Contract Today
The union representing more than 7,000 dockworkers at two of Canada’s busiest ports is set for a key vote on a new contract today, potentially putting an end to labor unrest.
July 21, 2023Volvo Signs Fuel System JV Deal With Canada’s Westport
Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.
July 21, 2023New Jersey Sues Over NYC Congestion Pricing Plan
A plan to charge motorists driving into midtown Manhattan in New York City was challenged by neighboring New Jersey, which seeks to block the proposal as unfair to commuters.
July 21, 2023CSX’s Q2 Profit Falls 15% Annually
OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.
July 21, 2023Follow Us
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