Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.
February 22, 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.
Soaring Diesel, Gas Prices Bleed Into Shipping
The shipping industry is starting to feel the full force of surging diesel and gasoline costs.
February 22, 2022Explosion, Fire Rock Marathon鈥檚 Huge Louisiana Refinery
Marathon Petroleum Corp.鈥檚 oil refinery near New Orleans exploded into flames on Feb. 21, threatening to crimp fuel supplies and raise pump prices at a time of already rampant inflation.
February 22, 2022GXO Plans to Buy Clipper for About $1.3 Billion
GXO Logistics has reached agreement with Clipper Logistics on the key terms of a possible acquisition, both company boards announced Feb. 20.
February 22, 2022Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion
Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.
February 22, 2022Narrow Window to Clear Clogged L.A. Ports Hinges on Demand Waning
The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.
February 22, 2022Trucks Towed, Protesters Arrested as Ottawa Slowly Clears
OTTAWA, Ontario 鈥擧undreds of police in riot gear swept through the streets of Canada鈥檚 besieged capital Feb. 19, arresting or driving out protesters, towing away their trucks and finally retaking control of the streets in front of the country鈥檚 Parliament buildings.
February 19, 2022Truckload Sector Sees Continued Strength in Q4
The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.
February 18, 2022Elon Musk鈥檚 Boring Co. Submits Plan for North Miami Beach Tunnel
Elon Musk鈥檚 Boring Co. is seeking to build an underground loop around North Miami Beach for Tesla vehicles, the latest idea to help address traffic in an ever-growing part of Florida with limited public transportation.
February 18, 2022UPS Puts Forth Black History Month Initiatives
UPS Inc. detailed recent actions it has taken to support and empower Black communities to mark the start of Black History Month.
February 18, 2022Trending
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