Trinity Industries has acquired RSI Logistics for $70 million, the company announced March 9.
March 10, 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.
February Adds 311,000 Jobs Despite Fed’s Rate Hikes
WASHINGTON — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.
March 10, 2023Hydrogen, Alternative Fuels Advancing Steadily, Natso Panelists Say
GRAPEVINE, Texas — Like other sectors of the trucking industry, truck stop plazas are learning firsthand the challenges and opportunities they will face as hydrogen, battery-electric and other alternative fuel sources become more widespread.
March 10, 2023Trucking Critical to Port of Milwaukee’s New Export Facility
The Port of Milwaukee’s new $40 million agricultural maritime export facility not only marks its largest cash infusion since the 1950s, but also will open doors to more overseas markets using its multimodal infrastructure.
March 9, 2023Class 8 Orders Rebound in February
North American Class 8 orders in February hit 23,600 units, ending a month-to-month decline that started in October, ACT Research reported.
March 9, 2023Uber Considering Spinning Off Freight Logistics Division
Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.
March 9, 2023Reduce Liability and Insurance Costs with Precision GPS
Program Aired: March 9, 2023 2 p.m. ET. The newest positioning technology is 100x more accurate than the current market standard. Such advancement promises trucking companies better ways to mitigate risk, reduce liability, and monitor safety. But how does it work in practice? This seminar explores the practical application of precision GPS and discusses fleet safety, accident reduction, and driver management.
March 9, 2023Trucking Titans Share M&A Tips
ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.
March 9, 2023Nissan Says New Powertrains May Cut Hybrid Costs Up to 30%
Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%.
March 9, 2023Combustion Car Sales Struggling to Return to Pre-Pandemic Levels
As the recovery of global auto sales takes shape, it’s becoming clearer that sales of internal combustion vehicles are unlikely to ever return to pre-pandemic levels.
March 9, 2023Trending
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