Canadian Pacific Railway Ltd. is tapping the U.S. investment-grade bond market to help fund its acquisition of Kansas City Southern.
November 17, 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.
Cincinnati Court Chosen to Consider Biden Vaccine Mandate
Challenges to President Joe Biden鈥檚 COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals.
November 16, 2021Tapping US Oil Reserve Would Have 鈥楽hort-Lived鈥 Impact, EIA Says
Releasing oil from the U.S. government鈥檚 strategic reserve would have a 鈥渟hort-lived鈥 impact on soaring fuel prices, according to the U.S. Energy Information Administration.
November 16, 2021Analyzing the Industry's Most Critical Concerns
At the American Trucking Associations' 2021 Management Conference & Exhibition, the American Transportation Research Institute (ATRI) released their annual report "Critical Issues in the Trucking Industry." For the fifth year in a row, the driver shortage led the list of top industry concerns.
November 16, 2021FleetPride Adds 29th Location in Texas
FleetPride Inc. announced it acquired the assets of Jim鈥檚 Truck & Trailer Equipment in Wichita Falls, Texas.
November 16, 2021October Classes 4-7 Sales Stall
U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.
November 16, 2021Rivian Leaps Past Volkswagen鈥檚 Valuation Amid EV Mania
A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week鈥檚 trading debut, with its market capitalization now surpassing Volkswagen AG.
November 16, 2021Factory Output Rises More Than Forecast
Production at U.S. factories rose in October by more than forecast, bouncing back from the effects of Hurricane Ida and suggesting manufacturers are having a better time addressing materials shortages.
November 16, 2021Retail Sales Jump by Most Since March, Topping Forecasts
U.S. retail sales rose in October for a third month, signaling households continue to spend even with the fastest inflation in decades.
November 16, 202191视频 Depot Sales Gain Shows Americans Keep Fixing Up Houses
91视频 Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.
November 16, 2021Trending
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