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.
Harness the Tranformational Power of Drones
Drone technology has the potential to improve last-mile logistics, while lowering costs and meeting your sustainability goals. The future of connectivity solutions will be powered by the nation’s largest and fastest 5G network.
September 1, 2022Stakeholders Grapple With Shortage of NYC Truck Parking
The Trucking Association of New York and state leaders are looking to address a shortage of truck parking in the New York City area that has led to trucks being towed and booted.
Bosch to Spend $200 Million to Make Its First US Fuel Cell Stacks
Bosch Group will invest $200 million to build fuel cell stacks in Anderson, S.C., its first such effort in the U.S.
Manufacturing Growth Holds Steady as Inflation Pressures Ease
U.S. manufacturing growth steadied in August at the slowest pace in over two years, while a measure of materials costs declined for a fifth-straight month in a welcome sign inflationary pressures are abating.
East Coast, Texas Ports Gain as Retailers Skirt Pacific Gridlock
Supply chain obstacles are forcing U.S. retailers to rewire their shipping routes. The early winners are East and Gulf Coast ports.
Platinum Considers $1 Billion Canadian Logistics Firm Sale
U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.
September 1, 2022GM Venture Starts Building Battery Cells at New Ohio Factory
DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.
August 31, 2022Nevada Infrastructure Summit Planned as State Gets Funding for Inland Port
Recently awarded $25 million in federal funds for an inland port project, Nevada officials are planning the state’s first Infrastructure Summit slated for Sept. 30 in Las Vegas.
Real Estate Firms Focus on Trucking
The commercial real estate sector has sharpened its focus on trucking-related properties as demand for facilities and space has increased.
FMC's Carl Bentzel Worries Port Congestion May Impact Peak Shipping Season
With the increasing number of cargo ships on the Atlantic and Pacific coasts waiting to be unloaded nearing 150, Federal Maritime Commission member Carl Bentzel believes the upcoming peak season for retailers could be extremely challenging.