The trucking industry stumbled through the first quarter amid a slowing economy and high inventories, according to experts.
May 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.
Illinois Bill Aims to Allow Punitive Damages With No Limits
Illinois legislators are fast-tracking a bill adding pain and suffering damages without limits to wrongful death lawsuits, despite dozens of business opponents, including truckers.
May 18, 2023EV Battery-Swapping Could Help Solve Charging Problems
Whether battery-swapping becomes a more mainstream alternative to charging in the U.S. depends, in part, on more automakers working with companies like Ample.
May 18, 2023Walmart Boosts Outlook After a Strong First Quarter
NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.
May 18, 2023Transportation Labor Gets Biden Administration Attention
Transportation leaders from government and industry are closely watching labor negotiations, including pending contracts with workers from both UPS Inc. and Yellow Corp.
May 18, 2023April Trailer Orders Down 49% Year-Over-Year
U.S. trailer orders dropped by nearly half from the year-ago total to an estimated 10,000 units in April, ACT Research reported.
May 18, 2023Alabama Starts Its First Renewable Biodiesel Production
Alabama has taken steps toward building the state’s first renewable diesel production facility in Mobile using soybean oil from state farmers to make low-carbon fuel.
May 17, 2023Michigan Town Rests Economic Hopes on Ford Battery Plant
Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.
May 17, 2023C.H. Robinson Is Laying Off 300 More Employees
Logistics company C.H. Robinson is cutting another 300 employees, the second round of layoffs in seven months.
May 17, 2023Elon Musk Says Tesla Will Try Advertising
Tesla Inc. CEO Elon Musk said the electric carmaker will dabble in advertisements, a major shift for the company that has largely avoided traditional marketing.
May 17, 2023Trending
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