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.

Government, Business, Technology, Logistics

Supply Chain Relief Sparks Feud Over Degree of Softer Economy

Some supply strains in the U.S. are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds of soaring inflation.

Brendan Murray | Bloomberg News
May 31, 2022
Business, Technology, Logistics, Private

Walmart, Others Amass $45 Billion in Extra Stuff to Sell

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.

May 31, 2022
Government, Business, Safety, Logistics

Shanghai Moves Toward Ending 2-Month COVID-19 Lockdown

SHANGHAI — Shanghai authorities say they will take major steps June 1 toward reopening China’s largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.

May 31, 2022
Business, Technology, Equipment, Fuel, For-Hire

Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs

Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.

Jack Ferry | Special to Transport Topics
May 31, 2022
Government, Business, Technology

Truck Manufacturers Group Files Lawsuit Seeking More Lead Time for CARB Regulation

The Truck and Engine Manufacturers Association filed a federal lawsuit May 27 alleging that California environmental regulators have failed to give manufacturers enough lead time to meet the state’s new, more rigid emission standards.

Eric Miller | Senior Reporter
May 27, 2022
Government, Business, Safety

Transportation Officials to Weigh Equity, Accessibility in Funding

Before awarding federal funds, U.S. transportation officials will look for projects offering greater access to people, especially in disadvantaged communities.

Noël Fletcher | Staff Reporter
May 27, 2022
Government, Business, Technology, Fuel

State Lawmakers Take Steps to Advance Hydrogen Fuel

State legislators across the nation are working to create new laws to promote the development and use of hydrogen energy.

Noël Fletcher | Staff Reporter
May 27, 2022
Government, Business, Technology, Fuel

States Make Plays to Become Federal Hydrogen Fuel Hubs

Like Oklahoma, Louisiana and Arkansas, other states across the nation are scrambling to become hydrogen hubs in the hopes of securing some of the $9.5 billion in federal funds for clean hydrogen initiatives.

Noël Fletcher | Staff Reporter
May 27, 2022
Business, Technology, Logistics

US Ports’ Digital Tools Lag Overseas Counterparts

The giant ports in Southern California and across the U.S. greatly lag their counterparts in Europe and other regions using digital technology to optimize operations. That was the consensus of a panel discussion at the Metrans International Urban Freight Conference.

Jerry Hirsch | Contributing Writer
May 27, 2022
Government, Business

Consumer Sentiment Falls to Fresh Decade Low on Inflation

Consumer sentiment deteriorated further in late May to a fresh decade low as escalating concerns over inflation dimmed the outlook for the economy.

Molly Smith | Bloomberg News
May 27, 2022