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.
Effort to Recruit New Truck Drivers Moves Into High Schools
An all-volunteer effort is working with educators to help raise awareness of truck driving careers among students.
Class 8 Orders in December Weak at 22,800
Class 8 orders in December were the second-weakest of the year at 22,800.
Record Share of US Small Businesses Raised Wages in December
A record 48% of U.S. small business owners said they raised compensation in December and nearly a third said they plan to do so in the coming months, the National Federation of Independent Business said Jan. 6.
Eaton, Shell Step Up EV Charging Infrastructure Efforts
Eaton Corp. and Shell Electric Mobility separately announced charging initiatives intended to accelerate the market for zero-emission electric trucks.
States Raise Tolls in Response to Budget Issues
In an effort to avert financial shortfalls for highway programs due to the coronavirus pandemic, a number of states have raised their tolls for cars and trucks, effective Jan. 1.
Senate Keeps Social Infrastructure Budget on Radar
Federal lawmakers returned to Capitol Hill this month to resume consideration of President Joe Biden’s social infrastructure budget as the White House continues to respond to a national supply chain crisis.
Growth at Service Providers Sees Sharp Pullback From Record
A measure of U.S. service providers pulled back abruptly in December after soaring to a record a month earlier, reflecting more moderate growth in business activity and orders.
CES Panel Discusses Supply Chain Problems
LAS VEGAS — Data and technology are playing a crucial role in addressing the supply chain crunch in the transportation space, experts said during a CES 2022 panel discussion.
Level 4 Autonomous Vehicles Expected to Take Hold in 2024
LAS VEGAS — Autonomous vehicles on the higher end of the technological scale may only be a couple of years away from greater adoption, panelists said at a CES 2022 session Jan. 5.
‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure
The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.”