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.

GovernmentBusinessLogistics

COVID's Impact on Shopping, Supply Chain Remains Profound

WASHINGTON — The coronavirus pandemic had a profound impact on how shopping and supply chains operate, experts said Jan. 10 during a session at Transportation Research Board’s annual meeting.

January 12, 2023
GovernmentBusiness

Consumer Inflation Eased Again to 6.5% in December

WASHINGTON — Rising U.S. consumer prices moderated again in December, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.

January 12, 2023
GovernmentBusiness

ATA, European Officials Address Driver Shortage

Leaders from American Trucking Associations during an overseas visit with European policymakers discussed the many challenges they share, including a driver shortage that is being exacerbated for international fleets by the war in Ukraine.

January 12, 2023
GovernmentBusinessTechnologySafety

Head of Transportation Safety Board Shares Concern Over Heavy EV Safety Risks

DETROIT — The head of the National Transportation Safety Board expressed concern on Jan. 11 about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles.

January 12, 2023
GovernmentBusinessLogistics

Trucking Demand Growth Increases Land Management Concerns

WASHINGTON — The increase in demand for freight transportation is adding strain on land management, experts said during a session at the Transportation Research Board’s annual meeting Jan. 11.

January 11, 2023
GovernmentBusinessTechnology

Secretaries Buttigieg, Granholm Tout EVs at TRB

WASHINGTON — Recent policies linked to electric vehicles are helping to address climate change and improve safety across mobility corridors, the nation’s top transportation officer told stakeholders on Jan. 11.

January 11, 2023
Business

Q&A: FedEx Founder, Veteran Fred Smith Offers Unusual Gift

Fred Smith, the founder of FedEx, believes that if you’ve done well, you should give back to the public interest.

January 11, 2023
GovernmentBusinessTechnologyLogistics

Congestion Easing at Ports, Along Southern Border, TRB Speakers Say

WASHINGTON — Nearly three years after the beginning of the COVID-19 pandemic, global supply chains and international ocean carriers have seen cargo volumes return to pre-pandemic levels.

January 11, 2023
BusinessLogisticsGlobal Freight

Multiple Factors Turn California Ports Into ‘Dormant Volcano’

A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif. — as of today, the queue is gone.

January 11, 2023
BusinessTechnologyLogistics

Nova Subsidiary Harbor Logistics Acquires ATS Logistics

Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.

January 11, 2023