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.
Pilot Raises $1.75 Million in Donations to Help Veterans Find Jobs
Pilot Co. and its guests raised $1.75 million during a three-week campaign to benefit the Call of Duty Endowment, the company said Nov. 29.
December 10, 2021WIT Association Names Paccar’s Lily Ley as 2021 Influential Woman
Paccar Vice President and Chief Information Officer Lily Ley was named the Women In Trucking Association’s 2021 Influential Woman in Trucking.
December 10, 2021As Storms Start, States Struggle to Hire Snowplow Drivers
More U.S. drivers could find themselves stuck on snowy highways or have their travel delayed this winter due to a shortage of snowplow drivers — a reality that could hit home as winter storms start dumping snow from the Intermountain West to the Upper Great Lakes.
Consumer Prices Climb at Fastest Annual Rate Since 1982
U.S. consumer prices rose last month at the fastest annual pace in nearly 40 years, magnifying how rapid and persistent inflation is eroding paychecks and increasing pressure on the Federal Reserve to tighten monetary policy.
Daimler Truck Launches as Public Company
To the clanging of a bell and the blasting of a truck air horn, Daimler Truck began trading Dec. 10 as an independent company on the Frankfurt Stock Exchange under the stock symbol DTG, marking a new era following its spinoff from Daimler AG.
Trucking Expresses Supply Chain Concerns Before House Panel
The potential harm that a proposed federal vaccine mandate could have on trucking was spotlighted by an industry executive who outlined for lawmakers key challenges facing motor carriers as they work to deliver goods across an increasingly stressed supply chain.
Year-in-Review and Economic Outlook for 2022
Infrastructure issues exacerbated by the pandemic, like kinks in the global supply chain and port congestion, have caused freight costs and delivery times to soar. Consumer demand may be growing but businesses are struggling to keep up and global economic recovery is being hampered.
December 9, 2021Utility Trailer Sales of Washington Co. Adds Third Dealership
Utility Trailer Manufacturing Co. announced Utility Trailer Sales of Washington Co. opened its third dealership. The new site is located in Richland, Wash.
December 9, 2021Peterbilt Techs to Get Augmented Reality Tool
Peterbilt Motors Co. reported it intends to have deployed 200 of its patented ARTech augmented reality tools to dealer locations by March 31, 2022 — a move intended to improve customer uptime.
December 9, 2021U.S. Steel, Norfolk Southern and Greenbrier Partner on New Steel Railcar
United States Steel Corp., Norfolk Southern Corp. and The Greenbrier Cos. collaborated to create a new high-strength railcar, the companies announced Dec. 9.
December 9, 2021