Transportation 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.
US Chip Suppliers Pull Back From China’s Yangtze Memory
American suppliers are beginning to withdraw staff from one of China’s leading chip companies in the wake of new U.S. regulations, a blow to Communist Party efforts to build a vibrant domestic technology industry.
October 12, 2022US Producer Price Inflation Eases to Still-High 8.5%
WASHINGTON — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high levels.
October 12, 2022South Carolina Seeks I-95 Bridge Replacement Funds
The South Carolina Department of Transportation has applied for a $161 million federal grant to replace the Interstate 95 bridges over Lake Marion.
October 11, 2022California Strengthens Alliances for Transportation Electrification
The governor of California is strengthening a clear energy partnership with two neighboring states and British Columbia.
October 11, 2022Diesel Reverses Course, Shoots Up 38.8¢ to $5.224 a Gallon
The national average price of diesel ended its five-week run of declines by skyrocketing 38.8 cents to $5.224 a gallon, according to Energy Information Administration data on Oct. 10.
October 11, 2022White House Announces $60 Billion for Roads, Bridges
Nearly $60 billion in new federal funds will be dedicated to repair surface transportation corridors nationwide, the Biden administration announced Oct. 11.
October 11, 2022Temporary Repairs to Sanibel Causeway Allow Trucks to Reach Island
A slow march of utility trucks headed to Sanibel Island near Fort Myers, Fla., on Oct. 11 following temporary repairs to the Sanibel Causeway, which was broken in three locations during Hurricane Ian.
October 11, 2022Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio
COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.
October 11, 2022First the Mississippi, Now the Ohio River Faces a Barge Crisis
The Mississippi River isn’t out of the woods as falling water levels along its major tributaries threaten to deepen a crisis on the U.S.’s main artery for moving vital products. And now the Ohio River is seeing closures at multiple locations due to groundings and dredging work.
October 11, 2022XPO Board of Directors Approves RXO Spinoff
XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.
October 11, 2022