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, Logistics, For-Hire, TCA

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.

Kelly Yamanouchi | The Atlanta Journal-Constitution
September 7, 2022
Government, Business, Technology

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.

Sohee Kim | Bloomberg News
September 7, 2022
Government, Business

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.

Reade Pickert | Bloomberg News
September 7, 2022
Government, Business, Fuel

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.

Matthew Daly | Associated Press
September 7, 2022
Business, Equipment, Safety, Perspective

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.

Frank Hurst | President, Roadrunner
September 7, 2022
Government, Business, Logistics

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.

Dan Ronan | Senior Reporter
September 6, 2022
Government, Business, Safety

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.

Noël Fletcher | Staff Reporter
September 6, 2022
Government, Business, Technology, Logistics

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.

Dan Ronan | Senior Reporter
September 6, 2022
Business, Logistics

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, 2022
Government, Business, Technology, Safety

Nevada 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.

Noël Fletcher | Staff Reporter
September 6, 2022