Business
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.
Carriers Must Prepare as Deadline Nears for Chinese Technology Ban, Experts Say
With an Aug. 13 deadline approaching fast, motor carriers who do business with the federal government must soon launch an inquiry to locate and purge telecommunications equipment manufactured by five Chinese companies that may be in use in their operations.
Exxon Says 20% of Oil, Gas Reserves Threatened by Low Prices
ExxonMobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
Redefining Supply Chain Security
Supply chain security is an ongoing and ever-evolving process, requiring active risk mitigation and management. Discovering security-related trends, addressing them before they become a true risk, and dealing with unavoidable real-time situations effectively allows you to manage your supply chain’s security.
August 5, 2020C.H. Robinson Tweaks Freightquote for Small Businesses
C.H. Robinson is rolling out enhancements to its Freightquote service for small businesses that the company said will help owners who deal infrequently with the complexities of shipping and logistics and those who might be new to it.
East Coast Ports Continue to Assess Damage From COVID-19
The nation’s East Coast ports continued to be battered by lower imports from overseas in June because of the COVID-19 pandemic.
US Job Losses to Mount With Small Firms Running on Fumes
The clock is ticking for Bonnie Morales and the acclaimed restaurant she opened a few years ago in Portland, Ore. She’s among thousands of U.S. small-business owners who are considering layoffs in coming months as they plow through government aid.
‘Kumbaya Moment’ Unlikely in Next COVID-19 Bill, McConnell Says
Partisan disagreements about the degree of assistance to provide various groups and industries have delayed a COVID-19 relief package.
Global EV Charging Stations Top 1 Million
The electric vehicle industry has quietly hit one of its biggest milestones to date, as the number of public charging plugs around the world ticks above the 1 million mark.
Trade Gap Narrows as Autos Spur Record Exports Increase
The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels.
Nikola Posts Q2 Loss, Stays Focused on Growth Strategy
Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks.