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, Safety

Supply Chain Tops List of CEO Worries

A new survey shows that 72% of CEOs are worried about losing their jobs in 2022 because of business disruptions.

Arianne Cohen | Bloomberg News
December 27, 2021
Government, Business, Safety

Despite Supply Issues and Omicron, Holiday Sales Rise 8.5%

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure.

December 27, 2021
Government, Business, Technology, Safety, Autonomous

Tesla to Halt Games on Screens in Moving Cars

DETROIT — Under pressure from U.S. auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving.

Tom Krisher | Associated Press
December 23, 2021
Government, Business

Amazon Settles With NLRB to Give Workers Power to Organize

NEW YORK — Amazon, under pressure to improve worker rights, has reached a settlement with the National Labor Relations Board to allow its workers to freely organize — and without retaliation.

Anne D’Innocenzio | Associated Press
December 23, 2021
Government, Business, Technology, Equipment, Fuel

Canada to Join Mexico in Complaint Over US Car-Origin Rules

Canada plans to formally join Mexico in calling for an arbitration panel to resolve a dispute with the U.S. over how to interpret rules governing the origin of vehicle parts.

Eric Martin | Bloomberg News
December 23, 2021
Government, Business, Fuel

US Grants Second Oil Award From Strategic Reserve to Marathon

The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s effort to lower energy costs.

Sheela Tobben | Bloomberg News
December 23, 2021
Business, Technology, Autonomous

Waymo Pulls Out of CES Over Virus Concerns

Waymo, the autonomous vehicle unit of Alphabet Inc., is withdrawing from in-person events at CES, joining a growing list of companies avoiding the major technology conference scheduled for next month.

Mark Bergen | Bloomberg News
December 23, 2021
Business, Safety, Fuel

Exxon Reduces Rates at Baytown Refinery After Extinguishing Fire

ExxonMobil Corp. said it will adjust its rates following a Dec. 23 fire at its Baytown, Texas, refinery that injured four people.

December 23, 2021
Government, Business, Equipment

Durable Goods Orders Increase More Than Forecast

Orders placed with U.S. factories for durable goods rose in November by the most in six months, exceeding forecasts and pointing to steady demand that will help drive production growth in early 2022.

Olivia Rockeman | Bloomberg News
December 23, 2021
Business, Technology, Equipment, Logistics

How Software Helps Enable Industry Consolidation

The trucking industry has undergone further consolidation amid a surge of acquisitions, and software has enabled much of that.

Connor D. Wolf | Staff Reporter
December 23, 2021