President Joe Biden and some members of Congress are calling for ocean carriers to lose their limited antitrust immunity under legislation that has been introduced in the House of Representatives.
March 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.
Navistar Unveils EV-Related Next Experience Trailer
Navistar Inc. announced it unveiled its Next Experience Trailer to provide industry stakeholders the opportunity to learn more about the process and benefits of electric vehicle adoption.
March 2, 2022Amazon Closing All Bookstores, Shops to Focus on Grocery Sector
Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star†locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.
March 2, 2022State, Federal Funds to Improve 1-70 Mountain Corridor in Colorado
A $700 million project to improve a notorious mountain bottleneck on Interstate 70 in Colorado is being lauded by stakeholders in the state and Transportation Secretary Pete Buttigieg.
March 2, 2022How Freight Volumes Get Suppressed Despite Strong Demand
Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.
March 2, 2022FlexCold Names Craig Turner New President
Longtime food distribution and grocery executive Craig Turner on March 1 was named president of FlexCold, a third-party food logistics and cold storage operator based in Charleston, S.C.
March 2, 2022New Battle Emerges Between Rail Giants CN, CP Over KCS
A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own and operate the smaller, but strategically important, freight carrier Kansas City Southern.
March 2, 2022Job Growth More Than Forecast in February, ADP Data Shows
U.S. companies in February added more jobs than forecast as COVID-19 cases dropped and restrictions eased, encouraging more Americans to work.
March 2, 2022NextGen EkoStinger Fairing Boosts Fuel Savings in Test
Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.
March 2, 2022Europe’s Biggest Logistics Firms Halt Deliveries Into Russia
Europe’s biggest logistics firms halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.
March 2, 2022Trending
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