Trucking Business News

About Business News...

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.

Business

VW Sales Drop to Lowest in Decade

Volkswagen AG sales dropped to the lowest in a decade last year after the global semiconductor shortage hampered the German manufacturer’s auto output.

January 12, 2022
BusinessLogistics

Supply Chain Snags, Quarantines Hurt Global Air Cargo Growth

Global air cargo growth slowed sharply in November as demand was hit by supply chain disruptions, partly because COVID-19 restrictions left workers stuck in quarantine, causing labor shortages.

January 12, 2022
GovernmentBusinessTechnologyLogistics

US Shoppers Find Some Groceries Scarce Due to Virus, Weather

Benjamin Whitely headed to a Safeway supermarket in Washington, D.C., on Jan. 11 to grab some items for dinner. But he was disappointed to find the vegetable bins barren and a sparse selection of turkey, chicken and milk.

January 11, 2022
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

USDOT Updates Innovation, Technology Principles

The federal regulatory landscape for transportation operations must prioritize safety, economic growth and climate change, the leadership at the U.S. Department of Transportation recently affirmed in a series of guiding principles.

January 11, 2022
BusinessLogistics

Ascend Joins TL Ranks, Names Michael McLary CEO

Ascend, launched Jan. 10 as a dry van truckload carrier and freight brokerage, announced it named Michael McLary CEO.

January 11, 2022
BusinessTechnologyFuelAutonomous

Tesla Strikes Deal for Nickel for Batteries to Ensure Supply

Tesla Inc. agreed to purchase nickel supplies from miner Talon Metals Corp. as an expected surge in demand spurs automakers to secure access to battery metals and other electric car parts.

January 11, 2022
GovernmentBusinessLogisticsTCA

Port of Mobile Reports Record 2021

The volume of traffic through the Port of Mobile’s container terminal hit a record in 2021, the Alabama State Port Authority announced Jan. 10.

January 11, 2022
GovernmentBusinessLogistics

NLRB Sets Amazon Union Vote in Alabama

Amazon.com Inc. employees in Bessemer, Ala., will vote by mail next month in a rerun election on whether to unionize, the National Labor Relations Board announced Jan. 11.

January 11, 2022
GovernmentBusinessFuel

OPEC+ Supply Hikes Enough to Prevent Market Overheat, Oman Says

OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said.

January 11, 2022
GovernmentBusinessLogistics

Supply Chain Bottlenecks, COVID Expected to Slow Global Growth

WASHINGTON — The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains.

January 11, 2022