Transport Topics
Share of Small Businesses Planning Higher Pay Nears Record
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As a tight labor market makes filling positions more difficult, 26% of U.S. small-business owners plan to increase pay in coming months, the most since a record in 1989, according to a National Federation of Independent Business report out Dec. 5.
Freight Rail Growth Slows Due to Competition From Trucking
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Growth in rail freight has been hampered this year by competition from trucking, in part driven by trucking’s falling rates and extra capacity.
Saudi Aramco Plans $25.6 Billion Share Sale in Richest IPO Ever
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DUBAI, United Arab Emirates — Saudi Arabian oil company Aramco on Dec. 5 set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.
Lineage Acquires Emergent Cold as Refrigerated Supply Heats Up
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Lineage Logistics Holdings said it will acquire Emergent Cold in the latest consolidation of cold-storage companies that do business globally.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.