More Retail, an Indian grocery chain backed by Amazon.com Inc., is considering an initial public offering that could value the company at as much as $5 billion, according to people with knowledge of the matter.
December 13, 2021Trucking 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.
DHL Doubles Robots as Humans Alone Can’t Handle Holiday Crunch
DHL’s supply chain unit doubled its use of robots in the U.S. this year and now has about 1,500 picking robots at its warehouses around the country, on top of adding 15,000 seasonal workers, Oscar de Bok, chief executive of the unit, said in an interview with Bloomberg TV Dec. 10.
December 10, 2021Saia Rolls Out App for LTL First- and Last-Mile Operations
Saia has completed deployment of the new RouteMax mobile app to more than 3,000 city drivers across the United States, its development partner, HaulSuite, announced Dec. 8.
December 10, 2021Class 8 Sales Weaken in November
U.S. Class 8 retail sales in November were 16,539, or 7.1% lower compared with a year earlier, as results were mixed among the truck makers, WardsAuto .com reported.
December 10, 2021US Ship-Law Revamp Will Boost Industry Transparency, LA Port Chief Says
The first major update of U.S. international ocean-shipping laws in more than two decades, which passed in the House this week, will help boost transparency in the industry if passed by the Senate, the head of the Port of Los Angeles said.
December 10, 2021Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion
Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model.
December 10, 2021Pilot Raises $1.75 Million in Donations to Help Veterans Find Jobs
Pilot Co. and its guests raised $1.75 million during a three-week campaign to benefit the Call of Duty Endowment, the company said Nov. 29.
December 10, 2021WIT Association Names Paccar’s Lily Ley as 2021 Influential Woman
Paccar Vice President and Chief Information Officer Lily Ley was named the Women In Trucking Association’s 2021 Influential Woman in Trucking.
December 10, 2021As Storms Start, States Struggle to Hire Snowplow Drivers
More U.S. drivers could find themselves stuck on snowy highways or have their travel delayed this winter due to a shortage of snowplow drivers — a reality that could hit home as winter storms start dumping snow from the Intermountain West to the Upper Great Lakes.
December 10, 2021Consumer Prices Climb at Fastest Annual Rate Since 1982
U.S. consumer prices rose last month at the fastest annual pace in nearly 40 years, magnifying how rapid and persistent inflation is eroding paychecks and increasing pressure on the Federal Reserve to tighten monetary policy.
December 10, 2021Trending
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