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, Technology, Logistics

Velociti Doubles Warehouse Size to Keep Up With Growth

Technology solutions provider Velociti Inc. has doubled its current warehousing space by moving operations to a new facility, the technology solutions provider announced June 7.

June 8, 2022
Business, Technology, Logistics

Exiting Amazon Executive Dave Clark Joins Flexport

Dave Clark, who spent two decades climbing the ranks at Amazon.com Inc. to become its consumer chief, is joining logistics software startup Flexport Inc.

Spencer Soper | Bloomberg News
June 8, 2022
Business, Logistics, For-Hire

Schneider Acquires deBoer Transportation

Schneider National announced June 7 that it has closed an acquisition on fellow Wisconsin-based carrier deBoer Transportation, a regional and dedicated carrier headquartered in Blenker.

June 8, 2022
Government, Business, Technology, Fuel

Clean Hydrogen Pushed to Starring Role in Energy Future

The U.S. Department of Energy is pushing itself, academia and industry to come up with ways to make and distribute clean hydrogen at a price low enough to boost it into a starring role as the primary alternative fuel of the future.

Roger Gilroy | Senior Reporter
June 8, 2022
Government, Business

CTA Calls Request to Deny High Court Consideration of AB 5 'Head-Scratchingly Wrong'

The California Trucking Association in a legal brief described as “head-scratchingly wrong” the U.S. solicitor general’s recommendation that the U.S. Supreme Court decline to hear an appeal of a state law aimed at reclassifying owner-operators as motor carrier employees.

Eric Miller | Senior Reporter
June 8, 2022
Business, Technology, Equipment, Safety, Logistics

GXO Enhances Security With Ground, Air Robotics System

GXO Logistics Inc. has deployed a new robotics system for air and ground security at one of its major distribution centers in Clayton, Ind., the company announced June 8.

June 8, 2022
Government, Business, Logistics, TCA

Shipping Boom Expected After Shanghai Reopening

China’s shipping industry is bracing for an uptick in demand and freight costs as manufacturing activity in Shanghai roars back to life after the city’s return to normal starting June 1.

Beijing China Daily | Asia News Network
June 8, 2022
Business, Equipment

Kriete Adds Autocar Terminal Tractors to Dealership Lineup

Kriete Trucks Centers announced it is now an authorized dealer of Autocar-brand terminal tractors.

June 7, 2022
Government, Business, Technology, Fuel

DOE Issues $8 Billion Hydrogen Hub Funding Notice

Energy Secretary Jennifer Granholm, while opening an annual meeting, revealed that developing hydrogen as a fuel source is a major federal priority, as DOE issued an $8 billion hydrogen hub funding notice.

Noël Fletcher | Staff Reporter
June 7, 2022
Business, Technology, Equipment, Safety

CVSA Brake Safety Week Scheduled for Aug. 21-27

Commercial motor vehicle inspectors will be conducting this year’s Brake Safety Week from Aug. 21-27, the Commercial Vehicle Safety Alliance announced June 7.

Eric Miller | Senior Reporter
June 7, 2022