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.

Government, Business, Fuel

Resilient Shoppers Push Retail Sales Up 0.7% in September

NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.

Anne D’Innocenzio | Associated Press
October 15, 2021
Government, Business, Safety

RMT Trucking's Sanders Named Chair of Colorado Motor Carriers Association

Walt Sanders, president of RMT Trucking Inc., was named the Colorado Motor Carriers Association’s chairperson of the board for the upcoming year.

October 15, 2021
Government, Business, Logistics

Containership Traffic Jam in Southeast Asia Worst Since April

Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take weeks to unravel.

October 15, 2021
Business, Technology, Equipment

Taiwan Chipmaker Plans Plant in Japan, Says Shortages Easing

Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan.

October 15, 2021
Business, Top 100

CFI Celebrates 70 Years in Business

CFI marked seven decades in business Oct. 1 and held a ceremony the week prior to commemorate the anniversary at its headquarters in Joplin, Mo.

October 15, 2021
Government, Business

White House Targets Economic Risks From Climate Change

WASHINGTON — The Biden administration is taking steps to address the economic risks from climate change, issuing a 40-page report Oct. 15 on governmentwide plans to protect the financial, insurance and housing markets and the savings of American families.

Josh Boak | The Associated Press
October 15, 2021
Government, Business, Logistics, Top 100

Crunch Time at Southern California Ports as Black Friday Nears

One day after announcing the Port of Los Angeles will begin operating 24/7, port officials said they were working feverishly to get ready for what promises to be a busy stretch.

Dan Ronan | Senior Reporter
October 14, 2021
Government, Business, Safety, Logistics

In Reconciliation, Progressives Tout Climate Investments Amid GOP Pushback

As Democrats work on a revised multitrillion-dollar budget package, Republican transportation leaders have ramped up their criticism of congressional leaders and the Biden administration.

Eugene Mulero | Senior Reporter
October 14, 2021
Government, Business, Logistics

UK May Ease Curbs on Foreign Trucks

The British government is considering suspending restrictions on the number of drop-offs that foreign truck drivers can make on trips to the U.K. in an effort to ease the country’s supply chain problems.

Ben Sills | Bloomberg News
October 14, 2021
Government, Business, Fuel

Dems Scrutinize Abandoned Offshore Oil Equipment

House Democrats began making the case Oct. 14 for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following one of the biggest offshore spills in California in nearly 30 years.

October 14, 2021