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.
How to Improve Your Cybersecurity During Peak Demand
Program Aired: September 19, 2 p.m. ET With the peak shipping season under way and the holidays fast approaching, trucking and logistics companies will remain busy with higher levels of demand in the coming months. Unfortunately, this period is often accompanied by a rise in crime.
September 19, 2024Intel Says It Won’t Sell Majority Stake in Mobileye
Mobileye Global shares surged the most in nearly two years after Intel said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology.
Business, Freight Groups Oppose EV Charging Station Bill
A Senate bill aimed at addressing range anxiety for drivers of electric vehicles is facing pushback from key business stakeholders.
IANA Panel Tackles Downstream Effects of Intermodal Disruptions
LONG BEACH, Calif. — The intermodal market has been climbing out of the freight recession, but very slowly amid continuing disruptions across the globe, according to a panel of experts Sept. 10.
USDOT Praises Trucking’s Efforts in New Trafficking Report
The report, three years in the making and made public on Sept. 6, lauds the trucking industry for its efforts to join the fight at high-level federal and state government agencies.
US Trailer Orders Drop 40% Year Over Year in August
U.S. trailer orders declined year over year for the fourth consecutive month in August, ACT Research reported.
Amazon Launches AI Assistant to Help Online Merchants
Amazon.com Inc. is launching an artificially intelligent assistant designed to help online merchants manage their businesses.
Port of Seattle Won’t Pay Ransomware Demand
WASHINGTON — Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month.
September 19, 2024Treasury Rule Would Expand Tax Credits for EV Chargers
WASHINGTON — The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers.
Record Cargo Volumes Hit Southern California Ports in August
The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, have seen a surge this summer.