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.
Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030
ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.
DoorDash Forms DashCorps to Employ Couriers for NYC Deliveries
Starting Dec. 6, DoorDash is offering grocery delivery in 15 minutes or less in the Chelsea neighborhood in New York.
Werner Enterprises Integrates With Decisiv to Expand Repair Network
Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.
December 6, 2021Alan Shaw to Succeed Jim Squires as Norfolk Southern CEO
Norfolk Southern Corp. on Dec. 3 announced a CEO succession plan, with current leader Jim Squires retiring and longtime company executive Alan Shaw stepping up to lead the Class I railroad.
Knight-Swift Transportation Purchases RAC MME Holdings
Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.
December 6, 2021Nation’s Ports Have Historic Year, and No Slowdown Expected
On the East and West Coast and at ports along the Gulf of Mexico, container volumes have skyrocketed, with the Port of Los Angeles — the nation's largest — on track to easily surpass its all-time record set in 2018.
Toyota to Build $1.3 Billion EV Battery Plant in North Carolina
Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.
Kenworth of Jacksonville Expands, Relocates
Kenworth of Jacksonville announced it relocated its full-service dealership to a larger, newly constructed facility to meet increasing customer demand spurred by residential and commercial growth in the greater Jacksonville, Fla., area.
December 6, 2021NYC to Impose Vaccine Mandate on Private Sector Employers
New York City employers will have to mandate COVID-19 vaccinations for their workers under new rules announced Dec. 6 by Mayor Bill de Blasio.
December 6, 2021Biden’s Urgency Belies Infrastructure Rollout Running Into 2030s
President Joe Biden’s multistate tour to tout a $1.2 trillion infrastructure plan is designed to boost Democrats in the midterm elections, but the slow-moving wheels of government won’t allow him to show off many new roads or bridges next year — or even in time for the 2024 presidential election.