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.
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, 2022Ports 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.
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.
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.
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.
Heartland Express Reports Earnings Gains on Revenue Loss
Heartland Express Inc. reported fourth-quarter earnings increased 15.1% and a decline in revenue.
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.
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.
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.
EV Truck Technology Takes Center Stage at CES
LAS VEGAS — Electric truck companies showcased just how far the technology has evolved during CES 2022.