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.

Business

Christenson Transportation Acquires Sharp Transport

Christenson Transportation Inc. has acquired Sharp Transport Inc., headquartered in Ethridge, Tenn. Terms were not disclosed. The company will operate under the name Sharp Transport, a division of Christenson.

January 21, 2022
Government, Business, Logistics

Ports Look to Build on Strong Showing in 2021

The Port of Los Angeles moved record cargo volumes last year amid an import surge at the biggest U.S. container gateway and supply chain snarls brought on by the pandemic.

Dan Ronan | Senior Reporter
January 21, 2022
Government, Business, Safety, Autonomous

New Car Ratings Include How They Make Drivers Stay Alert

DETROIT — Two organizations that influence many Americans’ automobile-buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated driver-assist systems.

Tom Krisher | Associated Press
January 21, 2022
Government, Business, Technology, Equipment

Intel to Build $20 Billion Chip Facility in Ohio

COLUMBUS, Ohio — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games.

January 21, 2022
Government, Business, Logistics

Foreign Truckers Must Be Vaccinated to Enter US Starting Jan. 22

Starting Jan. 22, travelers entering the United States at land ports of entry — notably along the Canadian and Mexican borders — and ferry points who are not U.S. citizens must be fully vaccinated against COVID-19, the Department of Homeland Security announced.

Dan Ronan | Senior Reporter
January 20, 2022
Business, Top 100

Heartland Express Reports Earnings Gains on Revenue Loss

Heartland Express Inc. reported fourth-quarter earnings increased 15.1% and a decline in revenue.

Connor D. Wolf | Staff Reporter
January 20, 2022
Business, Logistics

Union Pacific Announces Strong Q4, 2021 Earnings

Union Pacific Corp. saw strong fourth-quarter earnings and record results for 2021, the company announced Jan. 20.

Dan Ronan | Senior Reporter
January 20, 2022
Business, Technology, Fuel, Autonomous

Subscription Service Delivers a Tesla to Californians in 10 Minutes

For California drivers who dream of cruising around in a Tesla but can’t afford one — or just have commitment issues — there’s a new option.

Dana Hull | Bloomberg News
January 20, 2022
Government, Business, Safety

Washington Lawmakers Propose Parking, Restroom Bills

Legislative efforts that would provide more parking for commercial truck drivers and offer increased access to restrooms are under consideration in separate bills in the current 60-day legislative session in Washington state.

Noël Fletcher | Staff Reporter
January 20, 2022
Business, Technology, Fuel, Autonomous

EV Truck Technology Takes Center Stage at CES

LAS VEGAS — Electric truck companies showcased just how far the technology has evolved during CES 2022.

Connor D. Wolf | Staff Reporter
January 20, 2022