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.
Where Will Elon Musk Get Cash for Twitter?
Elon Musk and Twitter Inc. reached an agreement for the world’s richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.
Maersk Sees Possible Contraction in Global Container Market
Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.
Local Leaders Embrace White House Rural Infrastructure Plan
Rural communities across the country are participating through the National League of Cities in a White House virtual initiative to learn more about gaining access to federal infrastructure funds.
Elon Musk, Twitter Agree on $44 Billion Deal
Elon Musk reached an agreement to buy Twitter for about $44 billion on April 25, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.
Does Your Business Belong on Our List of Top 100 For-Hire Carriers?
Think your company deserves a spot on our prestigious 2022 For-Hire Carriers rankings? Or perhaps on one of our sector lists? Fill out our survey so you can be included!
April 25, 2022Ryder Opens Third E-Commerce Distribution Center in Columbus Market
Ryder System Inc. opened its third multiclient omnichannel distribution center in Columbus, Ohio, the company announced April 25.
ERoad Appoints Akinyemi Koyi to Lead North American Team
ERoad has appointed Akinyemi Koyi as president of its North American operations, the transportation technology company said.
April 25, 2022Perspective: Optimizing Trailer Management
Many technologies exist to help fleets monitor cargo in their trailers, but carriers must be mindful of how the cargo itself — including what it’s made of — might impact the effectiveness of their tracking systems, especially if they look to make a change. Better trailer management can also improve drivers’ job satisfaction by mitigating issues they sometimes face in detention time and finding empty trailers.
Vancouver’s Jammed Warehouses Cast Light on Rising Costs
To understand why inflation is running so hot, look to Canada’s West Coast. Vancouver, the home of one of North America’s busiest ports, is bursting at the seams.
Volvo Group Reports Higher Revenue, Record Q1 Deliveries
Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.