With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.
April 13, 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.
March Trailer Orders Surge to Nearly 38,000
March U.S. trailer orders surged to nearly 38,000 amid some supply chain relief — to the highest level since December 2020, ACT Research reported.
April 13, 2022EPA’s New NOx Reduction Proposal Debated at Hearing
In an all-day virtual hearing, many of the roughly 140 parties commenting expressed support for the U.S. Environmental Protection Agency’s proposed new rule to tighten nitrogen oxides emissions. Others, however, either viewed the effort as a lost opportunity or attacked it as an overreach.
April 13, 2022Oklahoma, Louisiana, Arkansas Create Hydrogen Hub
Three states are joining forces to create a regional hub to develop and produce hydrogen that will be used as a fuel and for manufacturing feedstock.
April 13, 2022Walmart Announces Driver Pay Increase, Training Program
Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.
April 13, 2022Amazon Adds 5% Fuel, Inflation Surcharge for Sellers
Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.
April 13, 2022Shipping Slowdown Exposes Vulnerability of US Economic Growth
Real economic activity in the U.S. is slowing sharply. This is showing up in lower demand for new trucks and autos, and a tailing off in freight volumes, leaving transport stocks facing more downside.
April 13, 2022March Class 8 Sales Top 20,000
Retail Class 8 sales in March hit the high point for the year and still slipped 7.6% compared with a year earlier, Wards Intelligence reported.
April 13, 2022Japanese EV Battery Company to Build Kentucky Plant
A Japanese electric-vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state’s leadership in battery production, Gov. Andy Beshear said April 13.
April 13, 2022Transportation Leader Peter DeFazio Reflects on IIJA Implementation
Over his years in office, Rep. Peter DeFazio has become one of the staunchest proponents for increasing federal dollars to repair and modernize the nation’s infrastructure.
April 13, 2022Trending
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