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.
Biden Puts Focus on Infrastructure Amid New Virus Concerns
President Joe Biden is visiting a Minnesota community college Nov. 30 to highlight how his $1 trillion infrastructure law will create jobs and help train workers.
State DOTs Explore Roadway Charging to Support Electric-Powered Vehicles
Magnetic concrete that charges electric vehicles as they drive over it could be coming to an Indiana roadway in the next few years.
Florida Trucking Association, FleetForce Join on Training Program
Florida Trucking Association and FleetForce Truck Driving School on Nov. 29 announced a joint initiative to put more truck drivers on the road.
November 30, 2021VW CEO Open to Third Parties Taking Stakes in Software Unit
Volkswagen AG is open to external partners taking stakes in the manufacturer’s new software division as traditional automakers fight to catch up with Tesla Inc. on digital features.
Consumer Confidence Falls to a Nine-Month Low
U.S. consumer confidence decreased to a nine-month low in November as accelerating inflation and a pickup in COVID-19 cases weighed on Americans’ views on the economy.
Expansion Underway for Baltimore’s Howard Street Tunnel
Federal officials, Maryland Gov. Larry Hogan and a host of other stakeholders said expansion of the 126-year-old, 1.7-mile Howard Street Tunnel in Baltimore is long overdue.
Washington State Sees More Flooding as Next Storm Approaches
Localized flooding in Washington state from another in a series of rainstorms doesn’t appear to be as severe as an extreme weather flooding event earlier in the month.
November 30, 2021Rising Battery Costs Hit Carmakers
Soaring commodity prices and supply chain bottlenecks threaten to push up the cost of batteries seen as crucial in the fight against climate change.
South Dakota Freight Project Awarded $22M USDOT Grant
The South Dakota Department of Transportation was recently awarded a federal grant for a corridor essential to the region’s flow of freight, the U.S. Department of Transportation announced.
Canada Sees Timber Shipments Slump on British Columbia Floods
West Fraser Timber Co. Ltd., one of Canada’s largest lumber producers, said shipments plunged about 25% to 30% in the second half of the month following severe flooding in British Columbia.