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, Equipment

Samsung Expected to Build $17 Billion Chip Factory in Texas

Samsung is planning to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.

Matt O’Brien | The Associated Press
November 23, 2021
Government, Business

Biden Administration Asks Court to Allow Vaccine Mandate

The Biden administration on Nov. 23 asked a federal court to let it move ahead with a workplace rule that would require employees at larger companies to be vaccinated against COVID-19 or face weekly testing.

Geoff Mulvihill | Associated Press
November 23, 2021
Government, Business, Safety, Logistics, TCA

Ohio Governor Reinstitutes Pandemic Era Order Easing Oversized Load Permitting

To help address ongoing nationwide supply chain issues, Gov. Mike DeWine on Nov. 23 reinstituted a pandemic-era order allowing trucks to carry an additional 10,000 pounds of freight over the normal 80,000-pound limit without needing a permit beforehand.

Jeremy Pelzer | cleveland.com
November 23, 2021
Government, Business, Safety, Fuel, Logistics

US Senate to Debate Social Infrastructure Build Back Better Budget

Senators returning to Capitol Hill after the Thanksgiving recess are scheduled to kick off debate on a nearly $2 trillion budget package that aims to promote severe-weather resilience and reduce congestion across mobility networks.

Eugene Mulero | Senior Reporter
November 23, 2021
Government, Business, Logistics, TCA

USPS Hires Hundreds, Leases Extra Space for Holidays

A year after COVID-19 staff shortages delayed mail and packages, the U.S. Postal Service says it is ready for the expected rush of holiday packages and cards.

William Thornton | Alabama Media Group
November 23, 2021
Business, Technology, Fuel

Xos Sends Out BEVs to Help Feed Those in Need

Employees at electric truck maker Xos decided something was equally vital as strong financial metrics: performing acts of generosity within the community.

Roger Gilroy | Senior Reporter
November 23, 2021
Government, Business, Technology, Safety, Fuel, Logistics

ATA Leadership, Global Trucking Officials Meet to Discuss Key Issues

Transportation leaders from around the globe discussed shared challenges during the first in-person meeting in two years of the International Road Transport Union, with supply chain snarls, a shortage of drivers and environmental issues at the top of the agenda.

Dan Ronan | Senior Reporter
November 23, 2021
Business, Logistics

West Coast Dockworkers Decline Contract Extension, Seek Talks

The union representing about 15,000 dockworkers at the largest U.S. ports declined an offer by employers to extend existing labor contracts for a year, setting the stage for heated negotiations.

Augusta Saraiva | Bloomberg News
November 23, 2021
Business, Technology, Equipment, Logistics, Breaking News

Truck Tonnage Rises in October

Truck tonnage in October posted the strongest year-over-year gain since just before summer, American Trucking Associations announced, as consumers ramped up early spending in anticipation of a busy holiday shopping season.

Dan Ronan | Senior Reporter
November 23, 2021
Government, Business

Business Activity Softens as Supply Constraints Linger

Growth in U.S. business activity softened this month as service providers and manufacturers remained constrained by higher inflation, supply shortages and hiring difficulties.

Vince Golle | Bloomberg News
November 23, 2021