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

GOP Infrastructure Plan Coming Within Days

A group of Senate Republicans is aiming to present a broad counteroffer to President Joe Biden’s $2.25 trillion infrastructure and jobs plan later this week.

April 20, 2021
Business, Technology, Equipment, Safety, Top 100

TMC Study Group Offers Guidance to Help Fleets Maintain Clean Vehicles

A Technology & Maintenance Council study group presented best practices to fleets and transportation companies for ramping up cleaning to prevent the spread of COVID-19.

Eleanor Lamb | Staff Reporter
April 20, 2021
Government, Business, Safety

North Dakota to Share Vaccine With Manitoba Truckers

North Dakota and the province of Manitoba have undertaken a joint initiative to vaccinate Canada-based truck drivers transporting goods to and from the U.S.

April 20, 2021
Business, Equipment, Logistics

Pacific, Atlantic Coast Ports Set TEU Records in March

On both coasts, the nation’s ports continued their record pace for container volumes in March as goods keep coming into the U.S., nearly 14 months into the COVID-19 pandemic.

Dan Ronan | Senior Reporter
April 20, 2021
Business

Richard Steele Tapped to Lead ICHCA International

The International Cargo Handling Coordination Association announced last month that Richard Steele has been appointed to serve as the new head of ICHCA International.

April 20, 2021
Government, Business, Technology

US Faces Security Crisis on Chips, Raimondo Says

The U.S. faces a national security “crisis” due to its lack of semiconductor production, Commerce Secretary Gina Raimondo told senators in a hearing on President Joe Biden’s infrastructure plan.

Jack Fitzpatrick | Bloomberg News
April 20, 2021
Government, Business

Senate Funding Leader Endorses Biden’s Infrastructure Plan

Concerns among some lawmakers regarding climate change and freight connectivity would be addressed by President Joe Biden’s $2.25 trillion infrastructure plan, the U.S. Senate’s funding leader said April 20.

Eugene Mulero | Senior Reporter
April 20, 2021
Government, Business

First Class of Service Members Graduates From Premier Technician Skills Program

Premier Truck Group and Universal Technical Institute announced April 1 that the inaugural class for their veteran-oriented truck technician program has graduated.

April 20, 2021
Business, Technology, Fuel, Autonomous

Nikola’s Stock Selloff Accelerates as Shares Fall Below $10

Nikola Corp. shares fell April 20 to the lowest since January 2019, accelerating a selloff that has now erased all their gains since the electric-vehicle startup went public last year.

Esha Dey | Bloomberg News
April 20, 2021
Business, Logistics, Breaking News

March Truck Tonnage Falls 9.5% Year-Over-Year

Truck tonnage in March declined on an annual and month-to-month basis, but the year-ago decline is up against comparisons to the first month that the COVID-19 pandemic gripped the nation, said American Trucking Associations Chief Economist Bob Costello in the federation’s monthly For-Hire Truck Tonnage Index release.

Dan Ronan | Senior Reporter
April 20, 2021