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.
ATA Calls on Texas Governor to Stop ‘Senseless Inspections’
The head of American Trucking Associations is calling on Texas Gov. Greg Abbott to end the truck inspection initiative he recently launched at the state’s border with Mexico, chastising the plan for the crippling effect it is having on the economy, and trucking in particular.
Factory Output Rises More Than Forecast
U.S. factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply chains.
Port Completes Project to Deepen Savannah River
SAVANNAH, Ga. — After decades of political wrangling and environmental roadblocks and nearly seven years of dredging muck from the river bottom, one of Georgia’s most anticipated economic development projects — the nearly $1 billion deepening of the Savannah River channel — finally is complete.
Fertilizer Company Says Union Pacific Limits Will Hurt Farmers
OMAHA, Neb. — A major fertilizer company says the limits Union Pacific is putting on rail traffic to clear up congestion will delay shipments that farmers need during the spring planting season.
Texas Moves to Ease Border Gridlock Over ‘Sense of Urgency’
AUSTIN, Texas — The logjam of trucks at the U.S.-Mexico border finally began breaking April 14 after nearly a week as Texas Gov. Greg Abbott eased off his latest dramatic action over immigration that has gridlocked some of the world’s busiest trade ports and taken a mounting economic toll.
Truckers Fill Parking Lots as I-94 Remains Closed in N.D.
Semitrailer drivers filled parking lots in Jamestown, N.D., because I-94 to Montana was closed overnight April 13 due to a blizzard.
Forward Air Opens New Support Center in Ohio
Forward Air Corp. opened an expanded support center in Columbus, Ohio, the company announced April 14.
April 14, 2022Indiana River Port Featured in White House Rural Infrastructure Tour
The Department of Transportation has released $44 billion for rural infrastructure, an announcement that reinforced a White House commitment and aligned with a visit by Transportation Secretary Pete Buttigieg to a small Indiana river port.
Navistar Expands Its Aftermarket Truck Parts Brand
Navistar Inc. has expanded the retail footprint of its aftermarket truck parts brand Fleetrite to 31 locations, the company announced April 13.
April 14, 2022Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat
Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.