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.
Stevens Transport Driver Burris Honored as Highway Angel
Royford Burris, a professional truck driver with Stevens Transport, was awarded the 2020 Highway Angel of the Year. The designation, also known as EpicAngel, is given by the Truckload Carriers Association and its presenting sponsor, EpicVue.
October 22, 2021Volvo Income, Revenue Rise Despite Supply Chain Disruptions
Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.
Congressional Republicans Sound Alarm Over Supply Chains
WASHINGTON — Supply chain bottlenecks at the ports and rising prices for certain goods are indicative of the administration’s inability to respond to the COVID-19-era economy, a large contingent of congressional Republicans told President Joe Biden.
Mack Certifies Northwest Equipment Sales as EV Dealer
Mack Trucks announced Northwest Equipment Sales, based in Boise, Idaho, is the first Mack dealer in the Northwest to be certified as an electric vehicle dealer.
October 22, 2021J.B. Hunt Recognizes 116 Drivers for Safely Driving Millions of Miles
J.B. Hunt Transport Services Inc. recognized 116 company drivers for achieving million-mile marks without a preventable accident, the company announced Oct. 12.
October 22, 2021Intel CEO Says Chip Crisis Needs Boost From Congress
Intel Corp.’s plans for a multibillion-dollar investment in a new U.S. semiconductor plant hang in part on Congress moving on a stalled plan to bolster the domestic chip industry, the company’s chief executive said.
Perspective: A Time to Bring Back Veteran Drivers
While the driver shortage is not new, COVID worsened the problem.
Pelosi Says Deal ‘Very Possible’ After Meeting With Biden
WASHINGTON — President Joe Biden and Congress’ top two Democrats strategized Oct. 22, trying to wrap up their giant domestic legislation, as the party continued scaling back the measure and determining ways to pay for it ahead of new deadlines.
October 22, 2021Budget Deficit Hits $2.77 Trillion in 2021
WASHINGTON — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020.
Carrier Transicold Bolsters Refrigeration Capacity With Supra S10
Carrier Transicold released a new diesel-powered truck refrigeration unit designed to increase freezing capacity and efficiency, the company announced Oct. 20.
October 22, 2021