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.
Schneider Plans to End Canadian Operations
Schneider National plans to wind down its Canadian operations later this year, the company confirmed.
Transportation Committees Prep New Waterways Bill
Congressional transportation policymakers recently announced plans to kick off consideration of legislation aimed at improving the country’s transportation waterways.
Tesla Rumor Mill Misfires, Exasperates Even Elon Musk
Steel Dynamics, a Fort Wayne, Ind.-based steel producer, has gotten all sorts of attention lately from Tesla fans and followers. This has been entirely unfounded, and is one of several examples of the narrative around the Elon Musk-led company getting ahead of reality recently.
Oil Hits Seven-Year High as IEA Turns Bullish on Outlook
Oil climbed to the highest mark since October 2014 as the International Energy Agency said the market looked tighter than previously thought, with demand proving resilient to omicron.
Army Corps of Engineers Gets $14 Billion to Help Ease Supply Chains
The Biden administration on Jan. 19 announced the release of $14 billion to the Army Corps of Engineers to fund 500 projects, with a focus on easing supply chain problems and addressing climate change.
New Vaccine Rules Take Effect at Canadian Border
As of Jan. 15 new, tougher COVID-19 vaccine requirements took place for people to cross from the U.S. into Canada. That applies to truck drivers and other essential workers.
NACFE Urges Medium-Duty Electrification
If your fleet uses vans and step vans, medium-duty box trucks, terminal tractors or heavy-duty regional haul tractors, then now is the time to think of them as viable options for electrification, the North American Council for Freight Efficiency stressed in its recent initial report from its three-week Run On Less-Electric demonstration in September.
USPS Site Begins Taking COVID Test Requests
WASHINGTON — The Biden administration on Jan. 18 quietly launched its website for Americans to request free at-home COVID-19 tests, a day before the site was scheduled to officially go online.
Felony Charges Are First in a Fatal Crash Involving Tesla’s Autopilot
DETROIT — California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
TRB to Finalize ‘Critical Issues’ Report
WASHINGTON — Executives with the Transportation Research Board are readying a guiding document outlining issues deemed critical across modes of transportation, the group’s leadership recently announced during TRB’s annual meeting.