Business

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.

Government, Business, Logistics, TCA

Laredo Regains Status as No. 1 US Port for February

The Port of Laredo, Texas, just went from the No. 1 inland port in the U.S. to the country’s No. 1 international trade port overall, beating large cities like Chicago and Los Angeles.

Jorge A. Vela | Laredo (Texas) Morning Times
April 10, 2023
Business, Technology

FourKites Names Rocky Subramanian as President

FourKites has appointed Rocky Subramanian as its president, the supply chain technology company announced April 5.

April 10, 2023
Government, Business

House Lawmakers Highlight Infrastructure in Budget Talks

House lawmakers intend to pursue funding for freight connectivity projects as part of fiscal 2024 budget negotiations on Capitol Hill.

Eugene Mulero | Senior Reporter
April 10, 2023
Business, Technology, Equipment, Safety, Autonomous

Kodiak Unveils New Autonomous Truck Platform

Kodiak Robotics introduced its fifth-generation autonomous truck hardware platform, the driverless trucking company announced.

April 10, 2023
Business, Equipment, Logistics, TCA

Ex-FedEx Cargo Jet to Get New Life as Airbnb

A former FedEx cargo jet embarked on a final journey April 6 — not in the air but instead carefully hauled on an Alaskan highway at 20 mph from Anchorage’s Merrill Field airport to Big Lake.

Tess Williams | Anchorage Daily News
April 10, 2023
Government, Business, Logistics

Changes Possible at Four US-Canada Vehicle Crossings

With U.S.-Canada border traffic volumes lower than before the pandemic at three entry ports in North Dakota and one in Idaho, federal officials have temporarily extended operating hours.

Noël Fletcher | Staff Reporter
April 10, 2023
Government, Business, Logistics, TCA

Port of Oakland Has a Problem, and Its Name is Mud

That dredging process at the Port of Oakland has enormous implications for the future of shipping and transportation in the Bay Area, and may hold the key to protecting local shorelines.

Will McCarthy | Bay Area News Group
April 10, 2023
Government, Business, Technology, Safety

Reports of Double-Brokering Increase

Double-brokering — when a carrier accepts a load and then illegally re-brokers it to another carrier — is on the rise, costing brokers and carriers millions of dollars.

Mindy Long | Special to Transport Topics
April 10, 2023
Government, Business, Technology, Safety

Regulators Say Railroads Must Examine How They Build Trains

OMAHA, Neb. — Federal regulators said April 7 that railroads need to re-examine how they assemble their trains after a string of derailments in recent years.

Josh Funk | Associated Press
April 10, 2023
Government, Business, Technology, Autonomous

Tesla Plans Shanghai Factory for Power Storage, Reports Say

BEIJING — Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported April 9.

April 10, 2023