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.
Trucking M&A Market Shows Signs of Rebound
The trucking merger and acquisition market is showing early signs of a rebound after a slowdown this year caused by uncertain freight and financial conditions.
House Policymakers Eye Supply Chain Reforms
Ensuring the safety and efficiency of the nation’s supply chain is an ongoing priority for key policymakers in the U.S. House of Representatives.
GAO: FMCSA Falling Short in Making Complaint Data Accessible
FMCSA has not designed sufficient controls to help ensure that complaints posted on the agency’s database website are reviewed, according to a Government Accountability Office report.
Biden Visits UAW Picket Line in Michigan
President Joe Biden joined United Auto Workers strikers on the picket line in Michigan Sept. 26 in a show of support for organized labor apparently unparalleled in presidential history.
September 26, 2023FTC Sues Amazon in Landmark Antitrust Case Over Marketplace
The Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services.
New York Steps Up as Unlikely Diesel Supplier
New York is rising to the fore as an unlikely diesel supplier, shipping out three cargoes in one week as Russia’s fuel export ban sends buyers searching for new supplies.
Newsom Vetoes Bill Requiring Human in Autonomous Trucks
California Gov. Gavin Newsom on Sept. 22 vetoed a bill that for five years would have banned autonomous trucks from being tested on public roads in the state without drivers in the cab.
Truckers to See Higher Tolls on New York Thruway in January
For the first time in 14 years, travelers will pay more on the New York State Thruway starting in January followed by another rate hike in 2027 due to revenue needs for aging infrastructure.
UPS Looks to Add 100,000 Workers for the Holidays
UPS Inc. said Sept. 26 it plans to hire more than 100,000 seasonal workers for the peak holiday shipping season this year.
Ford Pauses Construction of Michigan Battery Plant
Ford Motor Co. is halting construction of a $3.5 billion battery plant in Michigan that drew scrutiny from Republican lawmakers for its ties to a Chinese battery maker.