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, Technology, Safety, Fuel, Logistics

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.

December 2, 2021
Government, Business, Safety, Logistics

TCA Selects James Ward as President

The Truckload Carriers Association after a monthslong search announced the selection of James Ward as its new president.

Roger Gilroy | Senior Reporter
December 2, 2021
Business, Logistics, Top 100

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.

Roger Gilroy | Senior Reporter
December 2, 2021
Business, Equipment, Logistics

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.

Jordyn Holman | Bloomberg News
December 2, 2021
Government, Business

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.

Eugene Mulero | Senior Reporter
December 2, 2021
Government, Business, Technology, Safety

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.

Eugene Mulero | Senior Reporter
December 2, 2021
Business, Fuel

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, 2021
Business, Logistics

ATRI 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.

Connor D. Wolf | Staff Reporter
December 2, 2021
Business, Logistics

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.

Dan Ronan | Senior Reporter
December 2, 2021
Government, Business, Safety, Logistics, TCA

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.

Keith Laing | Bloomberg News
December 2, 2021