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.
Top Pork Producer Smithfield Makes Room in Freezers for Vaccine
Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.
VTNA Unveils Plan for Launch of VNR Electric Sales
Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.
Working Group Tackles COVID Food Supply Chain Disruptions
Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.
Democrats Eye New COVID-19 Aid
Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks.
Daimler Picks Bernd Pischetsrieder to Be Next Chairman
Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.
Class 8 Orders Surge to Fourth-Highest Monthly Volume Ever
North American Class 8 orders reached 51,900 in November, according to ACT Research.
Carriers, Law Enforcement Learning the Ropes for Hemp Transport
The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.
Carriers Face Compounded Demand This Holiday Season
The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.
OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year
The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.
December 3, 2020Atlas Canada Names Fred Haladay President
Moving company Atlas Canada has named Fred Haladay to the post of president and chief operating officer.
December 3, 2020