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.
L.A., Long Beach Delay Container Fees as Shippers Clear Stacks
The country's largest ports of Los Angeles and Long Beach will postpone the start of a fee on ocean carriers that fail to clear containers off the docks, which was set to begin Nov 15.
USDOT Targets Georgia for Supply Chain Assistance
The Biden administration task force on supply chains recently paved the way for the Georgia Port Authority to be able to reallocate more than $8 million for inland facilities in the state, as well as North Carolina.
Biden Signs $1 Trillion Infrastructure Bill
President Joe Biden signed his $1 trillion infrastructure deal into law Nov. 15 on the White House lawn, with a smattering of Republican lawmakers on hand for what could be one of the last shows of bipartisanship ahead of the 2022 midterm elections.
Biden Could Revisit Renewable Fuel Mandate for Price Relief
As U.S. President Joe Biden weighs alternatives to lower fuel prices, one move that could bring immediate relief at the pumps is sparking debate: adjusting the Bush-era renewable fuel mandate.
Former New Orleans Mayor Landrieu to Manage Infrastructure Plan
President Joe Biden has chosen as supervisor of his $1 trillion infrastructure plan Mitch Landrieu, who as New Orleans mayor pushed the city into recovery after the devastation from Hurricane Katrina.
Uber Freight Completes Acquisition of Transplace
Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.
November 15, 2021Oil and Gas Leases on Hold in New Mexico’s Chaco Park
New oil and gas leasing within 10 miles of Chaco Culture National Historical Park will be prohibited for the next two years as officials consider a proposal to withdraw federal land in the area from development for a 20-year period, the U.S. Department of Interior said Nov. 15.
Volkswagen Appeals Rejected as High Court Allows Emissions Scandal Suits
The U.S. Supreme Court rejected two appeals from Volkswagen AG, leaving intact rulings that let state and local governments sue over a diesel-emissions cheating scandal that already has cost the German automaker more than $23 billion.
Coal Hits 12-Year High, Threatening More Energy Inflation
U.S. coal prices surged to the highest level in more than 12 years, threatening to bloat America’s already soaring electricity bills and signaling the fuel isn’t going to get phased out anytime soon.
Nikola Founder Trevor Milton Must Face Criminal Case
Nikola Corp. founder Trevor Milton must face the criminal case against him in New York, after a federal judge denied his request to dismiss the indictment or change the venue.