Business

South Florida is now in the forecast cone for Subtropical Storm Nicole, which is forecast to be near hurricane strength, or possibly a hurricane, by midweek, according to the National Hurricane Center’s latest advisory.

The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. shores.

Seaports and airports across North America experienced record-breaking volume in 2021 amid growing consumer demand.

Describing global supply chains as “volatile” for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.

Last summer, Holt Truck Centers signed a deal to become the certified dealer of Phoenix-based Nikola Corp.’s trucks in Texas.

RXO CEO Drew Wilkerson plans to grow his newly launched brokerage company while focusing on technology development to gain market share, he said Nov. 3.

U.S. businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.

Diversified commercial vehicle supplier Commercial Vehicle Group reported a decline in net income in the third quarter as revenue rose slightly.

U.S. Xpress Enterprises reported revenue growth, but earnings were dragged down for the third quarter because of segment results, the company reported Nov. 3.

A new Chinese electric vehicle startup, BeyonCa, is touting its ability to monitor drivers’ health for serious incidents like a heart attack to help stand out in an increasingly crowded market.