Freight stakeholders are calling on congressional policymakers to further facilitate access to military bases and installations.
July 13, 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.
Trucking Highlights Access to Military Bases in Defense Bill
PepsiCo Lifts 2023 Profit Forecast as Q2 Revenue Up 10%
Higher prices lifted PepsiCo’s revenue in the second quarter but dented consumer demand, and the company said July 13 price increases could start to moderate in the second half of this year.
July 13, 2023Amazon Prime Day Drives All Online Sales Up 6.1%
U.S. shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.
July 13, 2023Daimler Cites Flexibility as Key to Zero-Emission Future
BOSTON — Daimler Truck CEO Martin Daum said flexibility is the key to his company’s preparation for the zero-emission future that is broadly envisioned for trucking.
July 13, 2023UPS-Teamsters Negotiations Remain Stalled
UPS on July 11 pushed to Aug. 8 the release date for its second-quarter financial report, a week after its labor contract with the International Brotherhood of Teamsters is set to expire.
July 13, 2023Company Targets Old Drive-In Theaters for Truck Parking
Frank Sonzala’s company is developing plans to convert abandoned drive-in movie locations and other similar sites into truck parking places.
July 13, 2023Dockworkers Take On South Carolina’s Governor in Labor Fight
Dockworkers and the governor in South Carolina, the state with the lowest percentage of unionized workers, are digging in their heels over a labor dispute.
July 13, 2023Trucking Interests Ask Biden to Reduce Emission Rule
Florida and Pennsylvania truckers joined with over 100 groups nationwide that asked President Joe Biden to reverse his administration’s federal tailpipe emissions regulations.
July 13, 2023June Class 8 Orders Continue Rebound
North American Class 8 truck orders experienced a year-over-year increase for the second month in a row during June, ACT Research reported.
July 12, 2023West Coast Swapping Diesel for Biofuels
The West Coast’s growing demand for renewable diesel and biodiesel fuel will drive petroleum diesel usage there next year to the lowest level in more than a decade, according to the U.S. EIA.
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