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.
Mitch Landrieu Defends Repair Over Building New Roads
President Joe Biden’s point man carrying out the roughly $1 trillion infrastructure law defended the administration’s emphasis on fixing before taking on new expansion as congressional Republicans criticized the policy.
Tesla Increases Prices Up to $6,000 Across Lineup
Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.
Samsara Expands Connected Fleet Technology to Improve Driver Productivity, Boost Safety
SAN FRANCISCO — Fleet technology supplier Samsara is rolling out product updates designed to streamline drivers’ daily routines, mitigate unsafe driving and improve fleet management, marking the latest steps in the company’s mission to make transportation operations more connected.
Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
June 16, 2022Sponsored ContentOhio, Kentucky Apply for Federal Grant for New Interstate Bridge
Kentucky and Ohio officials are pushing forward to build a companion to the Brent Spence Bridge after both governors recently applied for a $1.66 billion federal mega infrastructure grant to improve the notorious bottlenecked 8-mile freight corridor.
FAA Says Future Planes Will Need to Reduce Carbon Emissions
WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
June 15, 2022Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight
The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell signaled another big move next month, intensifying a fight to contain rampant inflation.
ATA's Chris Spear Touts Issues-First Approach to Infrastructure Bill
NASHVILLE, Tenn. — American Trucking Associations President Chris Spear praised the bipartisan work that carried a federal infrastructure package across the finish line, and stressed that his group will always put issues ahead of politics
House Transportation Leaders Press Freight Rail Safety
The top Democrats on the House transportation panel highlighted workplace safety concerns across freight rail operations shortly after the Biden administration awarded the industry grants to alleviate supply chain woes.
Biden Tells US Oil Refiners Record Profits ‘Not Acceptable’
President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.