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.
UPS to Hire 100,000 Seasonal Workers Ahead of Holidays
UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.
Samsung Warns Chip Industry Is Headed for Tough Close to 2022
South Korea’s Samsung Electronics Co. is warning that the semiconductor industry could be in for a rocky close to 2022.
Trade Gap in Goods, Services Narrows for a Fourth Month
The U.S. trade deficit shrank for a fourth straight month in July, reflecting a decline in the value of imports and a slight pickup in exports that are seen helping provide a lift to third-quarter economic growth.
EPA Denies Cheniere Energy Request for LNG Pollution Waiver
WASHINGTON — The Environmental Protection Agency on Sept. 6 denied a request by Cheniere Energy, a leading U.S. producer of liquefied natural gas, to exempt two Gulf Coast plants from a federal air pollution rule.
Perspective: Adopting a Driver-First Mindset
The past few years have taught us that truck drivers don’t just deliver essential goods, they are essential workers themselves. It’s time to recognize that, and adopt a driver-first mindset.
Ballpark at Port of Oakland Takes Step Forward
Major League Baseball’s Oakland Athletics are one important step closer toward winning approval to build a ballpark as part of a $12 billion commercial development project at an abandoned terminal at the Port of Oakland.
Texas Adopts 10-Year, $85 Billion Transportation Plan
A 10-year Texas Department of Transportation plan to spend a record $85 billion to alleviate roadway congestion, enhance transportation safety and improve highways received the governor’s stamp of approval Aug. 30.
Port of Savannah Reports Strong July Results Amid Expansion
Georgia’s Port of Savannah is on a roll. The facility, less than 20 miles upriver from the Atlantic Ocean on the Savannah River, is in the midst of a burst of construction, improving the facility for trucks, rail and cargo ships, and propelling the port complex to the top tier.
Amazon to Close Two Maryland Facilities in October
Amazon .com Inc. appears to be scaling back the expansion of what had been its growing delivery network as consumers shift spending habits from the large volume of COVID-19 purchases to a more traditional balance of goods and services.
September 6, 2022Nevada Details Infrastructure Plans Online
Nevada officials have a new website launched by the governor showing federal infrastructure investments coming to the state and available grants to apply for future projects.