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, Logistics

What's That? Supply Chain Crisis

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Business, Logistics

What's That? Supply Chain Resilience

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024
Government, Business, Fuel, Logistics

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

Will Wade | Bloomberg News
April 10, 2024
Government, Business, Logistics

Rental Clothing Firm Opens Kansas City Fulfillment Center

Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.

Noël Fletcher | Staff Reporter
April 10, 2024
Business, Technology, Equipment

World of Volvo Debuts in OEM’s Hometown

GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.

Joe Howard | Executive Editor
April 10, 2024
Government, Business, Safety, Logistics

NTSB Eyes Ship’s Electrical System After Bridge Crash

Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer Homendy said.

April 10, 2024
Government, Business

Higher Gas and Rents Keep Inflation Elevated

WASHINGTON — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said April 10.

Christopher Rugaber | Associated Press
April 10, 2024
Government, Business, Logistics

$73 Million Cold Storage Site Set for Port of Gulfport

A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.

Noël Fletcher | Staff Reporter
April 10, 2024
Government, Business, Safety

Bill Coming to Clarify That Feds Pay for Baltimore Bridge

WASHINGTON — Maryland lawmakers announced they will introduce a bill that will make clear the U.S. government will cover the cost of rebuilding the collapsed Francis Scott Key Bridge.

Kevin Freking | Associated Press
April 9, 2024