DALLAS — Higher operating costs, more volatile market cycles and a shift from West Coast ports are characteristics of the post-pandemic freight market, according to an industry analyst.
November 21, 2022Trucking 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.
Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion
Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.
November 21, 2022Carriers Feeling Cheery About On-Time Holiday Deliveries
The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.
November 21, 2022December Strike Possible as Rail Union Rejects Labor Deal
The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.
November 21, 2022Perspective: Tax Credits Available for Trucking
Clarus Solutions' Blake Baumann: "One solution to help ease some pressure in the trucking industry may lie in pursuing government tax incentive programs, such as the Work Opportunity Tax Credit."
November 21, 2022Judge Orders Amazon to Stop Retaliations Against Organizers
A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.
November 21, 2022Technology Can Help Deter Cargo Theft, Experts Say
DALLAS — Hidden GPS trackers installed with freight loads and mobile apps that transmit trip details to carriers are being deployed to deter a rise in fake businesses, stolen company identities and scam purchase orders that aim to help thieves steal cargo, experts said.
November 21, 2022West Virginia to Renovate Travel Plazas, Add Truck Parking
West Virginia is demolishing two travel plazas along its turnpike to create modern ones, adding a total of 45 new truck parking places, announced Gov. Jim Justice.
November 21, 2022Senate Bill Targets Catalytic Converters
Legislation targeting the theft and trafficking of catalytic converters was recently introduced in the U.S. Senate.
November 21, 2022Trucking M&A Activity Heads Toward Year-End Boost
The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.
November 21, 2022Trending
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