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, Equipment, Fuel

Oklahoma Legislature Creates Legal Infrastructure for Hydrogen Energy

Oklahoma legislators have passed nine new laws creating a legal infrastructure for hydrogen fuel to better position residents and businesses to make, use and distribute the alternative energy source.

Noël Fletcher | Staff Reporter
May 25, 2022
Government, Business, Fuel

Drivers Begin to Balk at Record Gas Prices

U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.

Chunzi Xu | Bloomberg News
May 25, 2022
Business, Logistics

Google Takes Another Run at E-Commerce, and Amazon

In the past, Google has tried emulating Amazon.com Inc.’s online retail and delivery services, with little luck. Now the search giant is positioning itself as a kind of anti-Amazon, a free marketplace for merchants and Amazon rivals that’s designed to get consumers more comfortable shopping with Google.

Mark Bergen | Bloomberg News
May 25, 2022
Government, Business, Fuel

At $6.09 a Gallon, LA Pays Record Gasoline Price Over US Average

Los Angeles drivers know they pay more for gasoline than the average U.S. driver: It’s the price for cleaner air in a state that’s made being green part of its DNA.

Rob Golum and Chunzi Xu | Bloomberg News
May 25, 2022
Government, Business, Logistics

Federal Trial Underway on Rhode Island Truck Tolling

A federal court is finally hearing oral arguments in a 4-year-old legal challenge to the state of Rhode Island’s trucks-only tolling program.

Eric Miller | Senior Reporter
May 25, 2022
Government, Business, Technology, Logistics

China Truck Data Showing Lockdown’s Hit Disappears From Public

Real-time trucking data that shows the heavy toll of COVID restrictions on China’s economy is no longer being made publicly available, according to the company that collects the information.

May 25, 2022
Business, Equipment, Fuel

TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy

TotalEnergies SE said it will acquire a stake in a large U.S. renewables developer, another move by the European energy giant to expand its footprint in the American power sector.

Shoko Oda | Bloomberg News
May 25, 2022
Government, Business

DOT Issues 180-Day Waiver for Some ‘Buy America’ Materials

The Department of Transportation has issued a notice establishing a 180-day temporary waiver for the bipartisan infrastructure law’s “made in America” requirements for using certain construction materials.

May 25, 2022
Government, Business

Solicitor General Recommends Against High Court Consideration of AB 5 Case

The federal government’s representative before the U.S. Supreme Court is recommending that the high court deny review of the California Trucking Association’s legal challenge of a California law aimed at reclassifying owner-operators as carrier employees.

Eric Miller | Senior Reporter
May 24, 2022
Government, Business, Logistics

Pennsylvania Court Temporarily Halts Bridge Tolling Plan

In a sweeping censure, a Pennsylvania Commonwealth Court judge granted a request from eight municipalities and issued an injunction preventing state transportation officials from proceeding with plans to impose bridge tolls.

Noël Fletcher | Staff Reporter
May 24, 2022