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, Technology, Equipment, Fuel

Failing DEF Sensors Getting Software Fixes From OEMs

Software overrides for diesel exhaust fluid sensors that are in perilously short supply are making their way from truck manufacturers to repair shops, helping keep equipment on the road and prevent engine shutdowns that can leave a truck stranded when the sensors fail.

Eric Miller | Senior Reporter
October 7, 2021
Government, Business

Sen. Tom Carper Calls on US House to Pass Infrastructure Bill

WASHINGTON — The top transportation policymaker in the U.S. Senate again called for passage of a $1 trillion infrastructure measure awaiting action in the House.

Eugene Mulero | Senior Reporter
October 7, 2021
Business, Logistics

Trucking Acquisitions Show No Signs of Slowing Down

The deal market in the trucking industry is heating up as buyers and sellers look to make moves amid a confluence of factors that are driving activity, experts said.

Connor D. Wolf | Staff Reporter
October 7, 2021
Government, Business, Fuel

Diesel Stockpiles at 20-Year Low as Winter Nears

U.S. inventories of distillates — used as diesel for both transportation and heating oil — are enough to meet just 31.2 days of demand, according to the Energy Information Administration. That’s the tightest it has been for this time of the year since 2000.

Lucia Kassai | Bloomberg News
October 7, 2021
Government, Business, Safety, Logistics

COVID Vaccine Rollout Is Still Impacting Pharma Transportation

The pharmaceutical industry and its transportation partners remain busy with the distribution of coronavirus vaccines.

Connor D. Wolf | Staff Reporter
October 7, 2021
Business, Logistics

Book Industry Thrown Into Chaos Over Supply Chain Delays

The book industry has been thrown into chaos over widespread delays in the supply chain as the crucial holiday season approaches.

October 7, 2021
Business, Technology, Equipment, Fuel, Autonomous

Rivian’s Electric Truck Gets All the Attention, but Fate Is Tied to Amazon

On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.

October 7, 2021
Business, Technology

US to Sue Contractors Who Don’t Report Cyberattacks

WASHINGTON — The Justice Department is poised to sue government contractors and other companies who receive U.S. government grants if they fail to report breaches of their computer systems or misrepresent their cybersecurity practices, the department’s No. 2 official said Oct. 6.

Eric Tucker | Associated Press
October 7, 2021
Government, Business, Technology

Port Traffic Jam May Be to Blame in California Oil Spill

An unremitting shipping logjam in the waters outside of Los Angeles already has contributed to higher costs, delays and intermittent goods shortages across the U.S. Now, it could be to blame for California’s biggest oil spill in 27 years.

Robert Tuttle | Bloomberg News
October 7, 2021
Government, Business, Safety

FMCSA Rule Gives States 60 Days to Revoke CDLs for Drug Violations

Federal trucking regulators are cracking down on state driver licensing agencies, requiring that they keep a closer watch for commercial motor vehicle drivers with drug or alcohol violations, and removing their driving privileges within 60 days after being notified of a test failure.

Eric Miller | Senior Reporter
October 6, 2021