After several years of plant closures and conversions to make renewable fuel, the pressure on American refiners to shut down excess capacity is easing as gasoline demand nears pre-pandemic levels and supplies dwindle.
November 1, 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.
Vertical Cold Storage Acquires Liberty Cold Storage
Vertical Cold Storage announced it is acquiring Liberty Cold Storage from West Liberty Foods. Terms of the transaction are not public.
November 1, 2021West Coast Ports, Dockworkers Face 2022 Clash Amid Port Snarls
With a near-record 75 containerships waiting outside the U.S.鈥檚 largest port complex in Southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.
November 1, 2021J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
November 1, 2021Hino Launches Latest Connected Vehicle Platform
Hino Trucks, a Toyota Group company, announced the introduction of Hino Edge, the truck maker鈥檚 third-generation connected vehicle platform.
November 1, 2021Manufacturing Growth in US Eases as Supply Chain Issues Linger
Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.
November 1, 2021Cargo Transporters Announces Pay, PTO Increases for Drivers
Cargo Transporters instituted its third, and largest, driver pay and compensation increase for 2021, the carrier announced Oct. 27.
October 29, 2021Fontaine Heavy-Haul Adds 60-Ton Trailer
Fontaine Heavy-Haul announced the launch of its Magnitude 60HD modular low-bed trailer.
October 29, 2021Daimler Q3 Net Income Rises Slightly, Revenue Dips
Daimler AG reported modestly higher net income and a dip in revenue in the third quarter as truck sales rose, but sales of Mercedes-Benz vehicles plunged.
October 29, 2021EV Plan Runs Afoul of USMCA, Canada Parts Chief Warns
President Joe Biden鈥檚 proposed incentives for U.S. electric-car buyers could be challenged under the North American trade pact, a Canadian auto industry leader warned.
October 29, 2021Trending
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