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.
Ashley Furniture Affiliate Set to Acquire Wilson Logistics Assets
Ashley Furniture Industries affiliate Ashley Pacific Northwest on Nov. 22 entered into an agreement to acquire certain assets of Wilson Logistics.
Jobless Claims Remain Low Following Prior Plunge
Applications for U.S. state unemployment benefits rose by less than forecast last week after a plunge tied to seasonal adjustments in the prior period.
Tesla Officially Moves HQ From California to Texas
Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.
December 2, 2021Container Rates to US From Asia Fall to Lowest Since July
Ocean freight rates on goods shipped to both U.S. coasts from Asia fell to the lowest levels since July, reflecting an easing of supply strains after the pre-holiday shipping frenzy that fanned inflation fears in the world’s largest economy.
France to Exempt Truck Drivers From COVID Tests to Cross Borders
France will exempt truck drivers from the latest requirement requiring a COVID-19 test to enter the country in order to avoid long lines of trucks like the ones seen late last year in Kent in the United Kingdom.
Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown
House Democrats released a bipartisan short-term spending bill to keep the government open after midnight Dec. 3 and plan to put it to a House vote later Dec. 2.
Record Volumes at L.A. Ports to Become ‘New Normal’ After Crisis
The record volume of cargo moving through the busiest U.S. port complex is likely to continue amid high consumer demand for goods, the head of the Port of Long Beach said.
What Can Freight Brokers Do When It’s Tough To Find Load Coverage?
Freight brokers are on the front lines of the trucking industry. They act as an intermediary between shippers and carriers, which is not an easy job.
December 1, 2021Myth vs. Reality about Video-Based Safety
Leading trucking fleets are adding on-board video-based performance improvement platforms to their safety programs to get the answers they need.
December 1, 2021ATA’s Bob Costello: Economy Is Strong, but COVID, Inflation Threats Remain
Three core economic sectors of trucking are showing strength, but disruption from the omicron variant of the coronavirus hangs over the industry as it heads into 2022, American Trucking Associations Chief Economist Bob Costello said.