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, Logistics

Supply & Demand: How Ports Operate in a Stretched Supply Chain

For the last nine months, ports have seen record container volumes with movement limited and more supplies needed. As a lynchpin of our supply chain, managing a port requires high-functioning information systems to predict and plan for supply and demand as well as communicating with every link in the value chain.

June 29, 2021
Business

TravelCenters of America Added to Russell Indexes

TravelCenters of America Inc. has been added to the Russell 2000 Index as part of Russell Investments’ annual reconstitution of its comprehensive set of U.S. and global equity indexes, the company announced.

June 29, 2021
Government, Business, Technology, Safety, Autonomous

NHTSA Orders Automated Vehicle Makers to Report Crashes

The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver-assist systems.

Tom Krisher | Associated Press
June 29, 2021
Government, Business, Safety

Washington State DOT Completes Bridge to Aid Port of Tacoma Traffic

The Washington State Department of Transportation unveiled a new bridge that is meant to alleviate traffic in a busy freight corridor near the Port of Tacoma.

Eleanor Lamb | Staff Reporter
June 29, 2021
Government, Business, Logistics

Biden to Take Infrastructure Agenda to Rural US

American agriculture is on track for one of its best years this century as soaring exports to China boost corn, soybean and wheat prices.

Mike Dorning | Bloomberg News
June 29, 2021
Business, Technology, Logistics

HDA Truck Pride Partners With PhaseZero

HDA Truck Pride announced June 29 that it is partnering with PhaseZero to bring e-commerce solutions to its distributor members.

June 29, 2021
Business, Technology, Logistics, Autonomous

Robotics Firm AutoStore Plans IPO at $10 Billion Value

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

June 29, 2021
Government, Business, Technology, Logistics, Autonomous

Alphabet Jumps Into Drone Air-Traffic Control With Flight App

Alphabet Inc.’s drone-delivery venture, Wing, is releasing free software for U.S. drone users to get permission to fly near sensitive areas such as airports.

Alan Levin | Bloomberg News
June 29, 2021
Business, Technology, Fuel, Autonomous

Xos Delivers Test Vehicles to UniFirst

Xos Inc., a Los Angeles-based manufacturer of fully electric Classes 5-8 commercial vehicles, announced it signed an agreement to deliver three Xos electric step vans to UniFirst Corp. in a test program with potential for additional vehicle purchases for use across the United States.

June 29, 2021
Government, Business, Fuel

Diesel Hits $3.30 a Gallon After 1.3¢ Climb

The national average price of diesel increased for the ninth consecutive week June 28 when it climbed 1.3 cents to reach $3.30 a gallon, the Energy Information Administration reported.

June 28, 2021