Democratic leaders on the U.S. House transportation committee are proceeding with an update to the Water Resources Development Act, or WRDA.
February 9, 2022Trucking 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.
Toyota’s Auto Sales Sag on Chips Crunch
TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.
February 9, 2022Hub Group Reports Record Q4 Revenue
Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.
February 9, 2022Maersk Sees Record Profit as Demand Surges
COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.
February 9, 2022Senators Call for Gas Tax Suspension to Blunt Rising Prices
WASHINGTON — Some Democratic senators on Feb. 9 called for suspending the federal gas tax for the remainder of the year to help consumers struggling with rising fuel prices.
February 9, 2022House OKs Bill Easing Budget Strains on Postal Service
WASHINGTON — Congress would lift onerous budget requirements that have helped push the Postal Service deeply into debt and would require it to continue delivering mail six days per week under bipartisan legislation the House approved Feb. 8.
February 9, 2022Familiar Spots Lead ATRI’s Top Highway Bottlenecks
Some very familiar trouble spots lead the 2022 Top Truck Bottlenecks List from the American Transportation Research Institute.
February 9, 2022Labor Department Targets Warehouse Industry for Wage Enforcement
The U.S. government’s minimum-wage enforcers plan to zero in on the warehouse and logistics industry, amplifying scrutiny of a sector criticized during the pandemic for its labor practices.
February 8, 2022Canada’s COVID-19 Protests Threaten Border Trade With US
OTTAWA — Canadian lawmakers expressed increasing worry about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates.
February 8, 2022US Sees Record Oil Production Next Year Moving Even Higher
U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.
February 8, 2022Trending
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