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, Fuel, Logistics

Lawmakers Back $8 Billion for Electric USPS Vehicles

House lawmakers advanced language authorizing $8 billion for the U.S. Postal Service to buy more electric vehicles as the agency modernizes its aging fleet.

Todd Shields | Bloomberg News
May 13, 2021
Government, Business, Technology

Polly Trottenberg Touts Biden’s Climate Change Agenda

President Joe Biden’s $2.25 trillion infrastructure plan would pave the way for programs that would address the impact severe weather events are having on certain ports, bridges, railways and transit systems, a senior transportation official told senators May 13.

Eugene Mulero | Senior Reporter
May 13, 2021
Government, Business, TCA

Mail Delivery Delays Persist in Metro Detroit

Slow, sometimes nonexistent mail delivery continues to plague several Metro Detroit neighborhoods despite the best efforts of U.S. lawmakers to identify and correct the problems.

Mike Martindale | The Detroit News
May 13, 2021
Government, Business, Fuel

Biden Warns Against Gas Price Gouging After Cyberattack

President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.

Josh Boak | The Associated Press
May 13, 2021
Business, Technology, Safety, Logistics, Top 50

Disruptions Add More Stress to Already Strained Capacity Market

Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases.

Connor D. Wolf | Staff Reporter
May 13, 2021
Government, Business, Safety, Fuel

Federal, State Responses to Colonial Pipeline Attack Consider Trucking

Government agencies at the federal and state levels took a variety of measures — including some to help facilitate truck movement — in response to the cyberattack that temporarily halted operations for Colonial Pipeline.

Eleanor Lamb and Dan Ronan | Staff Reporters
May 13, 2021
Government, Business, Safety, Logistics

More Than 700 Barges Stuck in Mississippi River From Bridge Crack

A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.

May 13, 2021
Government, Business, Equipment

Louisiana House Takes Action on Staged Accidents Involving Trucks

The Louisiana House has passed a bill that would make staging an accident with a car or truck a serious state crime.

Eric Miller | Senior Reporter
May 13, 2021
Government, Business, Fuel, Logistics

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom

Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.

May 13, 2021
Government, Business, Safety

Driver Positive Drug Tests Continue at Last Year’s Rate So Far in 2021

The rate of positive truck driver drug tests recorded in the Drug & Alcohol Clearinghouse in the first three months of this year remains on pace with last year’s, and the number of drivers who have yet to enroll in return-to-duty programs remains persistently low.

Eric Miller | Senior Reporter
May 13, 2021