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

Monroe Container Port to Move Michigan Autos, Agriculture

Michigan’s first container terminal is rising in Monroe, potentially positioning the state to grow its supply chain, support auto manufacturing and move the state’s agricultural goods.

Myesha Johnson | The Detroit News
April 4, 2023
Government, Business

Canadian Trucking Initiative Targets Refugees

Canada is trying to get more truck drivers on the road by matching refugees in a new career pathway program that also includes women.

Noël Fletcher | Staff Reporter
April 4, 2023
Government, Business

Senators Split on House-Passed Energy Bill

Sen. Shelley Moore Capito, the top Republican on the highway policy panel in the U.S. Senate, intends to pursue bipartisan backing for comprehensive energy legislation.

Eugene Mulero | Senior Reporter
April 4, 2023
Government, Business, Safety, Logistics

Some CSX Conductors to Be First With Sick Time

OMAHA, Neb. — A group of CSX conductors will soon become the first train crew employees at one of the major U.S. freight railroads to have paid sick time.

Josh Funk | Associated Press
April 4, 2023
Business, Technology, Equipment, Fuel

Geely: All Options Open on Volvo Stake After Daimler Sale

Volvo AB’s second-largest shareholder, Geely, said while it’s not currently planning any changes to its position, “anything is possible” in the future.

Rafaela Lindeberg | Bloomberg News
April 4, 2023
Business, Technology, Logistics

Walmart’s Job Cut Tally Tops 2,000 in E-Commerce

Walmart Inc.’s job cuts at five U.S. e-commerce fulfillment centers will affect more than 2,000 positions, according to regulatory filings.

Brendan Case | Bloomberg News
April 4, 2023
Government, Business

West Virginia Makes CDL Instruction Permit Valid for a Year

As of June, holders in West Virginia of a commercial driver license instruction permit will have a yearlong validity date instead of the initial, current six months.

Noël Fletcher | Staff Reporter
April 4, 2023
Government, Business, Technology, Equipment

Biden Visits Cummins, Promotes Clean Energy

FRIDLEY, Minn. — President Joe Biden ventured to suburban Minneapolis on April 3 to highlight job growth and investments nationwide during a visit to engine maker Cummins Inc.

Dan Ronan | Senior Reporter
April 3, 2023
Government, Business, Fuel

Diesel Down to $4.105 Following Ninth Straight Decline

The national average price for diesel fell for a ninth consecutive week, slipping 2.3 cents to $4.105 a gallon, according to data released April 3 by the Energy Information Administration.

April 3, 2023
Government, Business

Campaign Seeks New Hires for Minnesota Trucking Industry

To attract potential job seekers, the Minnesota Trucking Association Foundation has launched a  website and social media campaign showcasing many types of trucking industry careers.

Noël Fletcher | Staff Reporter
April 3, 2023