Business
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.
Amazon CEO Says Job Cuts Will Continue Into 2023
Amazon.com Inc. CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.
Ed Aldridge Retiring; Peter Levesque to Take Reins as CMA CGM Leader
The CMA CGM Group announced that Peter Levesque is taking over leadership of its North American operations from Ed Aldridge, who is retiring.
November 18, 2022Isaac Instruments Invests in AI, Introduces Driver Mobile App
SAINT-BRUNO-de-MONTARVILLE, Quebec — Trucking telematics provider Isaac Instruments is investing in artificial intelligence and rolling out new products such as a driver mobile app to advance its mission to “simplify trucking.”
Applied Materials Forecast Indicates It’s Weathering Slowdown
Applied Materials Inc., the biggest maker of chip manufacturing equipment, gave a better-than-feared sales forecast for the current quarter as supply chain improvements help offset an economic slowdown.
Paper Transport Enhances Fleet With Platform Science Partnership
Paper Transport launched a collaboration with Platform Science to connect its trucks with digital services, the companies announced Nov. 14.
November 17, 2022Congress Eyes FY23 Spending Deal in Lame Duck Session
For Democrats in control of both chambers of Congress through the end of the year, finalizing fiscal 2023 government funding legislation is a top priority during their post-election lame duck session.
Party Goals Split in Divided Congress
The results are in. House Republicans and Senate Democrats won enough seats in the midterm elections to claim majorities in their respective chambers, setting up a divided Congress until the 2024 election.
How to Streamline Your Driver Recruitment
Program Aired: November 17, 2022. Driver recruitment is inefficient and antiquated. Even the best recruiting teams only hire 2% of the applications they receive. Learn how to multiply your drivers hired and get your driver seats filled faster in this webinar hosted by TransForce.
November 17, 2022Great Lakes, Seaway Announce ‘Green’ Corridor Initiative
Under an initiative announced at a United Nations climate gathering in November, preliminary plans are in the works for a “Great Lakes-St. Lawrence Seaway System Green Shipping Corridor Network.”
Clean, Safe Operations Key to Recruiting Women, Experts Say
DALLAS — Expressing a clear desire to hire women and maintaining a safe, clean work environment are keys to expanding their representation in the trucking workforce, experts said.