Business

The discomfort of drivers having to wait long hours to enter Texas from Mexico should be considered amid the focus on freight delays resulting from Gov. Greg Abbott’s recent directive to enhance border safety inspections, says the head of the Texas Trucking Association.

Manufacturers, retailers and seafood distributors have increasingly turned to air cargo planes to transport products — a more expensive, but faster and more reliable alternative to longhaul trucks, trains and ocean vessels often bogged down by current supply chain problems.

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.

Program Aired: April 14, 2022. The trucking industry is in trouble. With the driver shortage at over 90,000, the turnover rate averaging 90%, and many other pressing issues, something needs to give. It’s time we look under the hood into the current state of our drivers and discover new cost-effective and life-transforming ways of recruiting and retaining drivers.

XPO Logistics Inc. CEO Brad Jacobs said that the transportation-specific economy remains strong but is slowing and not as vibrant as it was earlier in the year.

U.S. consumer sentiment unexpectedly rose to a three-month high in early April as optimism about job growth and wage expectations more than outweighed decades-high inflation.

Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.

Mexican semi-truck exports to the U.S. have slumped 80% in a matter of days as a border blockade to protest Texas Gov. Greg Abbott’s stepped-up vehicle inspections drags on.

The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.

WASHINGTON — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.