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.
Wisconsin Governor Vetoes Bill Placing $1M Cap on Litigation
Wisconsin Gov. Tony Evers has vetoed a bill that would have put a $1 million cap on awards for noneconomic damages such as pain and suffering in lawsuits stemming from commercial motor vehicle accidents.
Biden Grants $6.6 Billion to Chipmaker TSMC
WILMINGTON, Del. — The Biden administration pledged on April 8 to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is building in Arizona.
Toyota to Oversee Model Certification at Daihatsu
TOKYO — Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal.
Amazon Eyes Record High
Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.
Salvage Crews Begin Removing Containers From Dali
BALTIMORE — Salvage crews on April 7 began removing containers from the deck of the ship that collapsed the Francis Scott Key Bridge in Baltimore, an important step toward full reopening.
April 8, 2024Musk Says Tesla Will Unveil Robotaxi in August
Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from low-cost Chinese EVs.
Baltimore-Area Truckers Struggle to Find Loads
Like thousands of workers who depend on the Port of Baltimore, now closed to ship traffic, truckers have found themselves sidelined and facing uncertainty.
Grant Diverted to Add Vehicle Cargo Area in Baltimore
The Port of Baltimore will be able to receive roll-on/roll-off cargo due to federal and state officials agreeing to divert an $8.26 million grant to add 10 acres of cargo laydown space.
Biden Tours Collapsed Baltimore Bridge Area
BALTIMORE — President Joe Biden got a firsthand look April 5 at efforts to clear away the “mangled mess” of remains of the collapsed Francis Scott Key Bridge in Baltimore.
Agile Cold Storage Chooses Louisiana for $45.9M Facility
Agile Cold Storage is revamping a historic Louisiana brick-making facility with plans to ship 100 containers weekly of food products from its new Pearl River facility.