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.
US Unveils New Cyber Mandates for Passenger, Freight Rail Carriers
Major passenger and freight railroads will soon be required to report cybersecurity breaches quickly and review how susceptible they are to cyberattack, senior officials at the U.S. Department of Homeland Security said Dec. 2.
TCA Selects James Ward as President
The Truckload Carriers Association after a monthslong search announced the selection of James Ward as its new president.
Trucking Cares Foundation Tackles Workforce Efforts and More
The Trucking Cares Foundation is exploring ways it can help remedy the extended shortage of truck drivers, technicians and warehouse workers in transportation.
Home Depot Is Investing to Keep Contractors Happy
Inside an expansive and noisy distribution center just east of Atlanta, Home Depot Inc. is trying to solve a problem that’s plaguing its stores: large orders from pro shoppers.
House Transportation Committee Chairman DeFazio Won’t Seek Re-Election
Soon after Rep. Peter DeFazio announced he would not seek another term in Congress, stakeholders representing nearly every sector in the transportation industry reflected on the longtime congressman’s contributions.
House Transportation Policymakers Recommend Additional Pipeline Security
The leaders of the transportation committee in the U.S. House of Representatives pressed federal agencies to continue their robust response and review of cybersecurity operations months after a cyberattack disrupted a major petroleum pipeline.
OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause
OPEC and its allies will proceed with their next oil-production hike, but said they could revisit the decision at any moment as the risk to demand from the omicron variant of COVID-19 becomes clearer.
December 2, 2021ATRI Study Explores Differences Between Independent, Company Drivers
Truck drivers have distinct reasons for choosing between driving for a company or remaining independent, a new report by the American Transportation Research Institute shows.
GXO Expands Warehouse Network in Atlanta With MYXfitness
Logistics provider GXO Logistics Inc. and Beachbody Co.’s MYXfitness announced Dec. 2 they are working to open an Atlanta-based distribution center to help meet growing e-commerce demand.
Teen Truck Drivers Seen as Way to Alleviate Shortage
Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year, he jumped at the chance and signed on as an apprentice with Total Transportation of Mississippi in Richland.