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.

Business, Technology, TCA

Toyota President Expresses Caution on Electric Vehicles

The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles.

William Thornton | Alabama Media Group
December 21, 2022
Business, Safety

Winter ‘Bomb Cyclone’ Bears Down on Chicago Ahead of Holiday Travel Rush

Chicago is in the crosshairs of a powerful winter storm that could become a “bomb cyclone” — with deep snow, searing winds and an Arctic chill.

Brian K. Sullivan | Bloomberg News
December 21, 2022
Government, Business, Logistics

White House Envoy Stephen Lyons Says Supply Chain Closing 2022 in Better Shape

White House Supply Chain Envoy Stephen Lyons says the nation’s supply chain is ending 2022 in a much better position than a year ago.

Dan Ronan | Senior Reporter
December 21, 2022
Business, For-Hire, Global Freight

FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments

FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.

Dan Ronan | Senior Reporter
December 21, 2022
Business

Video: Happy Holidays From Transport Topics

This holiday season we want to take a moment to show you -- our readers, our advertisers, that you really, really matter to us... 

December 20, 2022
Business, Fuel

TC Energy Delays Full Keystone Pipeline Restart to Year-End

TC Energy Corp. pushed back the full return of its Keystone oil pipeline by a week after a 14,000-barrel oil spill shut the critical conduit, according to people familiar with the matter.

Sheela Tobben | Bloomberg News
December 20, 2022
Government, Business

Truck Drivers Delivering Wreaths Share Deep Ties to Military

ARLINGTON, Va. — It’s no coincidence that there are military veterans among the scores of truck drivers who hauled Christmas wreaths to honor their fallen comrades Dec. 17 for National Wreaths Across America Day, and all felt humbled and honored to be there.

Noël Fletcher | Staff Reporter
December 20, 2022
Government, Business, Technology

How White House Supply Chain Envoy Gen. Lyons is Building Bridges

This spring, the White House announced the launch of the FLOW program which is designed to improve supply chain relationships through a data-sharing exchange. With supply chain stakeholders participating in this program, will the government be able to assist in fixing an industry that is largely privately held? 

December 20, 2022
Government, Business, Equipment, Safety

EPA to Tighten Nitrogen Oxide Limits for New Heavy Trucks

WASHINGTON — The Environmental Protection Agency on Dec. 20 announced more stringent clear-air standards for heavy trucks that the agency said are 80% stronger than current limits.

Noël Fletcher | Staff Reporter
December 20, 2022
Business, Equipment, Logistics

Ports on Both Coasts See Drop-Off in Volume in November

Port container volumes on the West Coast and East Coast declined in November, although shippers were focused on different factors.

Dan Ronan | Senior Reporter
December 20, 2022