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.
CFI Raises $39,000 for Eight Charities During Holiday Giving Campaign
CFI and its associates raised $39,000 to support local charities in communities where its employees live and work across the U.S., Canada and Mexico, the company announced Dec. 8.
December 22, 2021Iveco, Plus Partner on Autonomous Trucking Pilot
Iveco joined driverless truck technology company Plus for the launch of an autonomous pilot program in Europe and China, the companies announced Dec. 20.
December 22, 2021Consumer Confidence Rises Despite Omicron, Higher Prices
WASHINGTON — U.S. consumer confidence rose in December as Americans shrugged off concerns about rising prices and COVID-19’s highly contagious omicron variant.
Container Shortage Sparks Coffee Shipping Experiment
In the coffee trading world, a ship steaming across the Atlantic Ocean is garnering a lot of attention.
US Probes Potential of Drivers Playing Video Games in Teslas
ATHENS, Ohio — The U.S. has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion.
Rush Enterprises Acquires Summit Truck Group Assets
Rush Enterprises recently announced that it has purchased certain assets of Summit Truck Group, which the commercial vehicle dealership said marked the largest transaction in its history.
December 22, 2021Economy Grew at 2.3% Rate in Q3, Up From Earlier Estimate
WASHINGTON — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Dec. 22. But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.
New Louisiana Port Targets Moving Freight to Midwest
A Louisiana port under construction aims to pull business from larger facilities — and attract ships traveling through the Panama Canal — with a distribution model focused on moving cargo to Midwest markets.
New Jersey Adopts Clean Truck Rules
State Environmental Protection officials adopted Advanced Clean Truck rules Dec. 20 that would make New Jersey the first East Coast state to require phasing in of electric commercial trucks to reduce air pollution and the diseases it causes.
Wreaths Across America Honors Fallen Heroes, Support for Living Veterans
More than 2.4 million veterans across the country on Dec. 18 were honored for their service with a handmade wreath on their headstone.