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.
Yellen Sees Turnaround of Supply Chains in Recent Inflation Data
Treasury Secretary Janet Yellen welcomed the most recent U.S. inflation figures, saying some of the most important price pressures over the past two years had begun to decline significantly.
FTR Announces Key Executive Changes
FTR, an economic and freight forecasting firm, announced it appointed Jonathan Starks CEO of the company, replacing Eric Starks, who will be transitioning to chairman of the board.
January 12, 2023MEMA Retools Operational Structure, Announces Executive Appointments
The venerable trade association for motor vehicle and mobility suppliers, parts manufacturers and remanufacturers announced a new brand and business structure as MEMA, the Vehicle Suppliers Association.
Cold Storage Facility to Be Built Near Port of Charleston
South Carolina has captured a $49.9 million deal for a cold storage warehousing and logistics company to set up operations near the Port of Charleston, Gov. Henry McMaster announced.
COVID's Impact on Shopping, Supply Chain Remains Profound
WASHINGTON — The coronavirus pandemic had a profound impact on how shopping and supply chains operate, experts said Jan. 10 during a session at Transportation Research Board’s annual meeting.
Consumer Inflation Eased Again to 6.5% in December
WASHINGTON — Rising U.S. consumer prices moderated again in December, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.
ATA, European Officials Address Driver Shortage
Leaders from American Trucking Associations during an overseas visit with European policymakers discussed the many challenges they share, including a driver shortage that is being exacerbated for international fleets by the war in Ukraine.
Head of Transportation Safety Board Shares Concern Over Heavy EV Safety Risks
DETROIT — The head of the National Transportation Safety Board expressed concern on Jan. 11 about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles.
Trucking Demand Growth Increases Land Management Concerns
WASHINGTON — The increase in demand for freight transportation is adding strain on land management, experts said during a session at the Transportation Research Board’s annual meeting Jan. 11.
Secretaries Buttigieg, Granholm Tout EVs at TRB
WASHINGTON — Recent policies linked to electric vehicles are helping to address climate change and improve safety across mobility corridors, the nation’s top transportation officer told stakeholders on Jan. 11.