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.
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, 2022Exiting 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.
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, 2022Clean 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.
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.
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, 2022Shipping 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.
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, 2022DOE 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.
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.