U.S. consumer confidence decreased to a nine-month low in November as accelerating inflation and a pickup in COVID-19 cases weighed on Americans’ views on the economy.
November 30, 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.
Expansion Underway for Baltimore’s Howard Street Tunnel
Federal officials, Maryland Gov. Larry Hogan and a host of other stakeholders said expansion of the 126-year-old, 1.7-mile Howard Street Tunnel in Baltimore is long overdue.
November 30, 2021Washington State Sees More Flooding as Next Storm Approaches
Localized flooding in Washington state from another in a series of rainstorms doesn’t appear to be as severe as an extreme weather flooding event earlier in the month.
November 30, 2021Rising Battery Costs Hit Carmakers
Soaring commodity prices and supply chain bottlenecks threaten to push up the cost of batteries seen as crucial in the fight against climate change.
November 30, 2021South Dakota Freight Project Awarded $22M USDOT Grant
The South Dakota Department of Transportation was recently awarded a federal grant for a corridor essential to the region’s flow of freight, the U.S. Department of Transportation announced.
November 30, 2021Canada Sees Timber Shipments Slump on British Columbia Floods
West Fraser Timber Co. Ltd., one of Canada’s largest lumber producers, said shipments plunged about 25% to 30% in the second half of the month following severe flooding in British Columbia.
November 30, 2021Cyber Monday Misses Estimates on Short Supply, Weak Deals
Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.
November 30, 2021US Proceeding With Oil Reserves Release Despite Price Drop
The U.S. will proceed with its plan to release 50 million barrels of oil from its strategic reserves despite a new coronavirus variant triggering a sharp drop in crude prices.
November 29, 2021Natural Gas Plunges 12% on Demand-Killing US Weather Outlook
Natural gas futures plummeted as much as 12% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel.
November 29, 2021Perspective: Supporting Operations With Trailer Intelligence
Automated truck companies make for popular industry conversation, but with great automated truck power comes great trailer responsibility. When exploring automated solutions, fleets must ensure their trailers get technological attention as well.
November 29, 2021Trending
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