NEW YORK — Americans increased their spending in June as inflation eased in many areas, and the job market remained remarkably strong.
July 18, 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.
Retail Sales Up 0.2% in June
June Truck Tonnage Ticks Down 0.8% on Annual Basis
Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.
July 18, 2023‘Nuclear’ Lawsuits Against Truckers Continue to Rise
A new study by the U.S. Chamber of Commerce Institute for Legal Reform found that trucking in America is “under siege by litigation.â€
July 18, 2023Amazon Says Its Carbon Emissions Fell for First Time
Amazon’s carbon emissions ticked lower for the first time since the company began reporting the figure, citing increased purchases of renewable electricity and a slowdown in sales growth.
July 18, 2023Schroeder Embraces Safety in Trucking Championships
FedEx Freight driver David Schroeder, Ohio's trucking champion who will be competing at nationals in his home state, embraces safety on and off the skills course.
July 18, 2023Union Pacific to Renew Push for One-Person Crews
OMAHA, Neb. — Union Pacific will renew its push for one-person train crews when the railroad tests the idea of having a conductor in a truck respond to problems in Nebraska and Colorado.
July 18, 2023FedEx Hires Aircraft Leasing Executive John Dietrich as CFO
FedEx Corp. hired John Dietrich, the former head of an aircraft leasing company, as its new chief financial officer amid a sweeping plan to restructure the package delivery giant.
July 17, 2023Massachusetts to Fund CDL Training for Workforce Re-Entry
A program to train formerly incarcerated individuals to obtain commercial driver licenses is part of $2.59 million in grants awarded in Massachusetts across 14 organizations.
July 17, 2023Nikola Inks Hydrogen Fuel Supply Deal for FCEV Trucks
Nikola Corp. has reached a deal to buy hydrogen from BayoTech to fuel the truck manufacturer’s Class 8 Tre fuel cell electric vehicles, it said.
July 17, 2023Michigan School Finds Success Training Student Truckers
A Michigan community college says the demand for more truck drivers and the popularity of its training program are the main reasons why the Trainco Inc.-sponsored course is expanding.
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