CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.
June 2, 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.
Futurist Outlines What Could Be Ahead for Driver Recruiting
NASHVILLE, Tenn. — Futurist Nikolas Badminton explored June 2 how the trucking industry could change in the years ahead and what that means when it comes to driver recruitment.
June 2, 2022Congress Keeps Supply Chain, FY23 Bills on Summer Agenda
Enhancing connectivity along freight supply chains and considering fiscal 2023 funding legislation will dominate transportation policy debates when Congress returns June 6 after its Memorial Day recess.
June 2, 2022Buttigieg Kicks Off I-15 Project at Las Vegas Strip
Transportation Secretary Pete Buttigieg kicked off a construction project in Nevada that will upgrade an aging Interstate 15 interchange to improve travel for truckers and all drivers accessing the Las Vegas Strip.
June 2, 2022Ford Plans to Add 6,200 Jobs in Ohio, Michigan, Missouri
DETROIT — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.
June 2, 2022World Events Redistribute Supply Chains
Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the U.S.’s spat with Beijing couldn’t meaningfully do — redistribute supply chains.
June 2, 2022Paccar Predicts Truck Market Stronger for Longer
Truck maker Paccar Inc. sees the traditional peak-to-peak cycle in the U.S. truck market smoothing amid the industry’s already strong orders backlog that has fleets still waiting to gain slots for 2023 to replace aging trucks that they have to run longer than usual.
June 2, 2022Daimler Truck Says Chip Crunch Easing
Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.
June 2, 2022Transportation Agencies Face Challenges Spending More for Safety
With billions of dollars in new congressional funding available for transportation regulatory agencies to spend on safety initiatives, several high-level federal officials said leaders must take a hard look at how that money is being spent, and whether there are opportunities to take new approaches to improve highway safety.
June 2, 2022Survey Shows Slight Rise in Truck Drivers Seeking New Jobs
Truck drivers are increasingly more interested in switching carriers, with 37.4% saying they are looking for a new job, according to a survey released May 31.
June 2, 2022Trending
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