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, Safety, Top 100

Yellow Welcomes Labor Secretary Walsh at Driver Training Academy Opening

CARLISLE, Pa. — Executives from Yellow Corp. were joined by Labor Secretary Marty Walsh and Pennsylvania Gov. Tom Wolf at a March 29 ribbon-cutting for the motor carrier’s 17th driving academy, a date that also marked the end of the Biden administration’s 90-day challenge to trucking companies to ramp up training and apprenticeship programs to bring drivers to the industry.

Dan Ronan | Senior Reporter
March 30, 2022
Government, Business, Equipment, Safety

ATA Seeks Guidance on Missing Underride Guard Labels

The trucking industry is asking federal regulators for clarity about potential enforcement issues surrounding a new rule for annual inspection of rear underride guards on trailers.

Eric Miller | Senior Reporter
March 29, 2022
Government, Business, Safety

CVSA’s Operation Safe Driver Week to Focus on Speeding

The 2022 Operation Safe Driver Week is scheduled for July 10-16, the Commercial Vehicle Safety Alliance announced on March 29.

Eric Miller | Senior Reporter
March 29, 2022
Business, Logistics

Efforts to Refloat the Ever Forward Begin

BALTIMORE — The U.S. Coast Guard prepared a second attempt to free a stranded container ship March 30, more than two weeks after it ran aground in the Chesapeake Bay.

March 29, 2022
Government, Business, Fuel

House Panels Have Mixed Success Getting Oil Execs to Appear

Executives from major oil companies will participate in a House Energy and Commerce Committee hearing next week on skyrocketing gasoline prices, but another House panel didn't have as much success getting witnesses to agree to appear.

March 29, 2022
Government, Business, Equipment, Fuel, TCA

Connecticut Considers California Standards for Large-Truck Emissions

A Connecticut effort to curb carbon-spewing emissions from large trucks by adopting California’s clean air regulations moved forward March 28, despite heavy criticism from opponents who said it could lead to higher costs on Connecticut businesses.

John Moritz | Connecticut Post
March 29, 2022
Government, Business, Safety, Fuel

Canada Climate Plan Calls for 42% Cut in Oil, Gas Emissions

Prime Minister Justin Trudeau’s government wants a 42% reduction in emissions from the oil and gas sector as part of Canada’s plan to meet its 2030 emissions reduction goal.

Brian Platt | Bloomberg News
March 29, 2022
Government, Business, Equipment

ELDT Filling Classrooms, Causing Extra Paperwork

Driver training schools are adjusting to new federal entry-level requirements that took effect Feb. 7, determining how the rules affect the candidates as well as the schools.

Noël Fletcher | Staff Reporter
March 29, 2022
Business, Technology, Equipment

Trucking Companies Find Best Practices in Transportation Management Software

To optimize, automate. That’s the long-standing message from users and vendors when they talk about realizing a return on investment for transportation management systems (TMS).

Stephen Bennett | Special to Transport Topics
March 29, 2022
Government, Business, Technology, Logistics

Global Supply Lines Brace for Economic Storm to Widen

Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.

Brendan Murray | Bloomberg News
March 29, 2022