U.S. manufacturing growth steadied in August at the slowest pace in over two years, while a measure of materials costs declined for a fifth-straight month in a welcome sign inflationary pressures are abating.
September 1, 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.
East Coast, Texas Ports Gain as Retailers Skirt Pacific Gridlock
Supply chain obstacles are forcing U.S. retailers to rewire their shipping routes. The early winners are East and Gulf Coast ports.
September 1, 2022Platinum Considers $1 Billion Canadian Logistics Firm Sale
U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.
September 1, 2022GM Venture Starts Building Battery Cells at New Ohio Factory
DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.
August 31, 2022Nevada Infrastructure Summit Planned as State Gets Funding for Inland Port
Recently awarded $25 million in federal funds for an inland port project, Nevada officials are planning the state’s first Infrastructure Summit slated for Sept. 30 in Las Vegas.
August 31, 2022Real Estate Firms Focus on Trucking
The commercial real estate sector has sharpened its focus on trucking-related properties as demand for facilities and space has increased.
August 31, 2022FMC's Carl Bentzel Worries Port Congestion May Impact Peak Shipping Season
With the increasing number of cargo ships on the Atlantic and Pacific coasts waiting to be unloaded nearing 150, Federal Maritime Commission member Carl Bentzel believes the upcoming peak season for retailers could be extremely challenging.
August 31, 2022Locomation to Begin Runs With Oklahoma Carrier
Autonomous truck developer Locomation announced an eight-year agreement with El Reno, Okla.-based Stevens Trucking Co. to provide the carrier with its human-guided Level 2 autonomous relay convoy turnkey system.
August 31, 2022FMCSA Releases Draft Medical Examiners Handbook
It’s been seven years in the making, but the Federal Motor Carriers Safety Administration has released a draft copy of the Medical Examiners Handbook that offers revised guidance to help examiners ensure that truck drivers are in good health.
August 31, 2022Autonomous Truck Firm Gatik to Begin Deliveries in Dallas
Gatik, a California-based autonomous trucking company, will begin a Dallas route in partnership with century-old business equipment firm Pitney Bowes.
August 31, 2022Trending
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