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, Safety

Supply Chain Rallies in Wake of Hurricane Ian

The trucks are rolling again. They’re going right into the areas Hurricane Ian devastated, and many are from companies with the regional or national scale to deliver emergency goods to communities where they also have affected employees and local stores in need of resupply.

Roger Gilroy | Senior Reporter
October 5, 2022
Government, Business, Safety, Logistics

Congress Passes Disaster Aid Bill Amid Calls for Resilience

Legislation designed to expedite emergency recovery aid recently advanced to the president’s desk amid renewed calls for enhancing infrastructure resilience.

Eugene Mulero | Senior Reporter
October 5, 2022
Government, Business, Equipment, Fuel

EV Tax Credit Rules Put on Fast Track at Treasury

The Treasury Department is expediting the formulation of scores of regulations that will carry out the $270 billion worth of energy tax incentives included in President Joe Biden’s signature climate and tax bill.

October 5, 2022
Government, Business, Fuel

Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs

Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.

Gabrielle Coppola | Bloomberg News
October 5, 2022
Business, Technology, Equipment, Fuel

Volvo Invites Media to Test Drive the VNR Electric Truck

DUBLIN, Va. — Volvo Trucks North America provided members of the media a chance to drive its VNR Electric truck during a press event Sept. 29.

Connor D. Wolf | Staff Reporter
October 5, 2022
Government, Business, Technology, Safety, Autonomous

CVSA Launches Procedures for Inspections of Autonomous Trucks

The Commercial Vehicle Safety Alliance approved a new standard and procedure designed to govern inspections of autonomous commercial motor vehicles.

Roger Gilroy | Senior Reporter
October 5, 2022
Business, Technology, Fuel

LNG Market Supply to Remain Tight for Years, Top Producers Say

Liquefied natural gas will be in short supply in the coming years as production lags behind surging demand from Europe, according to the world’s top producers of the fuel.

October 5, 2022
Government, Business, Safety, Fuel

Georgia, Florida Get Gas Tax Holidays

Drivers in Georgia and Florida are getting some price relief at the pump, as supply chain- and inflation-related fuel-tax holidays are being extended while both states grapple in their own ways with the aftermath of Hurricane Ian.

Noël Fletcher | Staff Reporter
October 5, 2022
Business, Technology, Equipment, Fuel, Logistics, Global Freight

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.

Christian Wienberg | Bloomberg News
October 5, 2022
Government, Business, Technology, Logistics

GXO Gets UK Regulatory Clearance for Clipper Acquisition

GXO Logistics Inc. has received unconditional regulatory clearance in the United Kingdom to acquire Clipper Logistics, the contract logistics provider announced Oct. 4.

October 5, 2022