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.
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.
FourKites Names Rocky Subramanian as President
FourKites has appointed Rocky Subramanian as its president, the supply chain technology company announced April 5.
April 10, 2023House 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.
Kodiak Unveils New Autonomous Truck Platform
Kodiak Robotics introduced its fifth-generation autonomous truck hardware platform, the driverless trucking company announced.
April 10, 2023Ex-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.
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.
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.
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.
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.
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