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.
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, 2021TravelCenters 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, 2021NHTSA 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.
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.
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.
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, 2021Robotics 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, 2021Alphabet 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.
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, 2021Diesel 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