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, Technology, Fuel, Autonomous, TCA

Pennsylvania Turnpike Explores Electrified Road Services for EVs

The Pennsylvania Turnpike is jumping into solar energy production to power its maintenance and office buildings with a long-term goal: using solar-generated power to electrify portions of the toll road so electric vehicles can charge as they travel.

Ed Blazina | Pittsburgh Post-Gazette
September 12, 2022
Business, Technology, Equipment, Logistics

Storage, Labor Plague Logistics Companies Searching for Warehousing Solutions

While products for the most part are no longer sitting on ships waiting to be offloaded, the supply chain kink has just moved farther down the line — to warehouses, where much of the freight that was on those ships missed its window to be in the retail store.

Mindy Long | Special to Transport Topics
September 12, 2022
Government, Business, Technology, Safety

NHTSA Needs a New Chief With Road Deaths at 20-Year High

The National Highway Traffic Safety Administration is operating without a Senate-confirmed leader again, leaving a void atop the agency tasked with preventing road injuries and deaths even as the number of fatalities moves sharply in the wrong direction.

Keith Laing | Bloomberg News
September 12, 2022
Government, Business, Technology, Fuel

Biden to Boost Biomanufacturing to Compete with China

President Joe Biden is poised to sign an executive order Sept. 12 to help expand U.S. biomanufacturing and reduce reliance on China.

Riley Griffin | Bloomberg News
September 12, 2022
Government, Business, Logistics

Unions Blast Rail Move to Delay Shipments Before Deadline

OMAHA, Neb. — The heads of the nation’s two largest rail unions said Sept. 11 that the freight railroads’ move to begin delaying some shipments ahead of this week’s looming strike deadline is only an attempt to get shippers to increase the pressure on Congress to intervene and block a work stoppage by imposing a contract on workers.

Josh Funk | Associated Press
September 12, 2022
Business, Technology, Fuel

North Carolina Wins Wolfspeed Semiconductor Materials Plant

RALEIGH, N.C. — A North Carolina-based semiconductor company announced Sept. 9 it will build a $5 billion manufacturing plant in its home state to produce silicon carbide wafers, which is emerging as a favored part for renewable energy products and electric vehicles.

Gary D. Robertson | Associated Press
September 9, 2022
Government, Business, Logistics

Pressure Mounting to Settle Railroads’ Labor Dispute

With a Sept. 16 deadline looming, pressure is mounting on the nation’s major freight railroads and the unions to reach an agreement and avoid a potentially crippling strike or lockout.

Dan Ronan | Senior Reporter
September 9, 2022
Business, Technology, Equipment

Biden Touts Chips Law at Intel Site in Midterm Battleground Ohio

President Joe Biden attended the groundbreaking of Intel Corp.’s new semiconductor manufacturing facility outside Columbus, Ohio, touting one of his legislative wins in a crucial midterm state.

Justin Sink and Nancy Cook | Bloomberg News
September 9, 2022
Business, Technology, Equipment

Wabash Launches Acutherm Product Portfolio

Trailer maker Wabash announced a sub-brand product portfolio called Acutherm, a proprietary system of components, products and solutions.

September 9, 2022
Business, Technology, Equipment, Safety

Advances in Analytics Help Fleets Translate Information Into Action

Technology adoption in the trucking industry has given freight transportation companies access to an abundance of data. The question now is how best to use it.

Katie Pyzyk | Special to Transport Topics
September 9, 2022