Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.
December 6, 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.
Nation’s Ports Have Historic Year, and No Slowdown Expected
On the East and West Coast and at ports along the Gulf of Mexico, container volumes have skyrocketed, with the Port of Los Angeles — the nation's largest — on track to easily surpass its all-time record set in 2018.
December 6, 2021Toyota to Build $1.3 Billion EV Battery Plant in North Carolina
Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.
December 6, 2021Kenworth of Jacksonville Expands, Relocates
Kenworth of Jacksonville announced it relocated its full-service dealership to a larger, newly constructed facility to meet increasing customer demand spurred by residential and commercial growth in the greater Jacksonville, Fla., area.
December 6, 2021NYC to Impose Vaccine Mandate on Private Sector Employers
New York City employers will have to mandate COVID-19 vaccinations for their workers under new rules announced Dec. 6 by Mayor Bill de Blasio.
December 6, 2021Biden’s Urgency Belies Infrastructure Rollout Running Into 2030s
President Joe Biden’s multistate tour to tout a $1.2 trillion infrastructure plan is designed to boost Democrats in the midterm elections, but the slow-moving wheels of government won’t allow him to show off many new roads or bridges next year — or even in time for the 2024 presidential election.
December 6, 2021Walgreens Said to Explore Sale of U.K. Unit
Walgreens Boots Alliance Inc. is exploring a sale of U.K. drugstore chain Boots so it can focus on its North American business, according to a person familiar with the matter, potentially undoing billionaire Stefano Pessina’s 2014 blockbuster transatlantic merger.
December 3, 2021Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency
In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.
December 3, 2021AASHTO Hands Out Awards for Service
The American Association of State Highway and Transportation Officials honored several individuals with awards for their outstanding service at the organization’s annual meeting.
December 3, 2021Musk Says Cybertruck Will Be Able to Drive Diagonally
Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.
December 3, 2021Trending
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