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.
Walgreens Said to Explore Sale of U.K. Unit
Walgreens Boots Alliance Inc. is exploring a sale of U.K. drugstore chain Boots so it can focus on its North American business, according to a person familiar with the matter, potentially undoing billionaire Stefano Pessina’s 2014 blockbuster transatlantic merger.
Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency
In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.
AASHTO Hands Out Awards for Service
The American Association of State Highway and Transportation Officials honored several individuals with awards for their outstanding service at the organization’s annual meeting.
December 3, 2021Musk Says Cybertruck Will Be Able to Drive Diagonally
Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.
S.C. Ports Authority Makes $24,000 Food Bank Donation
South Carolina Ports announced a donation of $24,000 to the Lowcountry Food Bank to help feed those in the low country region of the state who struggle with hunger.
December 3, 2021Ford Sales Tops Again; Poised to Outsell GM’s EVs
Ford Motor Co. claimed it was the best-selling automaker in the U.S. for the third consecutive month in November, a streak it hasn’t achieved since 1974, as it reported a 5.9% year-over-year sales boost for the month.
McLane Names Chris Smith to Lead Grocery Unit
McLane Co. Inc. announced Chris Smith joined the company as president of McLane Grocery, a $33 billion business unit that provides supply chain service to more than 70,000 retail locations.
December 3, 2021Greenbrier Railcar Orders Reach $670 Million in Fiscal Q1
The Greenbrier Cos. Inc. announced it received new orders of 6,200 railcars valued at $670 million during the first fiscal quarter that began Sept. 1.
December 3, 2021Elon Musk’s Tesla Share Sales Pass $10 Billion
Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.
December 3, 2021Employers Added a Sluggish 210,000 Jobs in November
WASHINGTON — America’s employers slowed the pace of their hiring in November, adding 210,000 jobs, the fewest in nearly a year.