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, Fuel

Fed Policymakers Unveil Hydrogen Transportation Bill

Legislation that would establish a grant program at the U.S. Department of Transportation to assist with the adoption of heavy-duty hydrogen fuel cell vehicles was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
March 16, 2022
Business, Technology, Equipment

Intel Outlines Plans Amid Global Chip Race

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It’s now about to play a key role in U.S. and European efforts to tilt the global balance of power.

March 16, 2022
Government, Business, Technology

Retail Sales Soften as High Gasoline Costs Begin to Bite

Growth in U.S. retail sales slowed in February after surging a month earlier, suggesting that consumers tempered their spending in some categories as inflation limited purchasing power.

Olivia Rockeman | Bloomberg News
March 16, 2022
Business, Technology

Intel Plans $88 Billion Chipmaking Expansion in Europe

LONDON — U.S. chipmaker Intel unveiled plans on March 15 to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor industry that have led to big chip shortages.

Kelvin Chan | Associated Press
March 15, 2022
Business, Technology, Equipment

Trucker Path Announces New Transportation Management System

Trucker Path, a transportation network company specializing in online and mobile services, introduced Command on March 14.

March 15, 2022
Government, Business

Biden Outlines How Infrastructure Funds Will Transform Country

Improving the nation’s transportation system with $1.2 trillion in infrastructure investments is a key to uplifting the middle class, adding jobs and revitalizing American industry, President Joe Biden told a gathering of city officials in Washington.

Noël Fletcher | Staff Reporter
March 15, 2022
Business, Fuel

Mercedes Opens Battery Plant for Electric SUVs

Mercedes-Benz Group AG opened a battery factory in Alabama months before the luxury carmaker starts assembling electric SUVs nearby in an effort to challenge Tesla Inc. in the U.S. EV market.

March 15, 2022
Government, Business, Technology, Fuel

ATA, Freight Stakeholders Press CARB for Alternatives to Emissions Rule

American Trucking Associations is among the groups proposing that the California Air Resources Board consider supply chain pressures for granting the industry alternatives to certain regulatory compliance.

Eugene Mulero | Senior Reporter
March 15, 2022
Government, Business, Technology, Fuel

Airlines Rally as They See Path to Profit Despite Fuel Jump

U.S. airline stocks climbed as the carriers said they will trim flying to remain on track toward profits even as fuel prices soar.

Mary Schlangenstein | Bloomberg News
March 15, 2022
Business, Technology

Isaac Instruments, BlackBerry Radar Integrate Trucking Services

BlackBerry Ltd. teamed with the fleet management solution provider Isaac Instruments to integrate their service offerings March 14.

March 15, 2022