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.
Shipping Pallets Stage Pandemic-Era Rally
After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.
GI Partners to Acquire Orbcomm
Orbcomm has entered into a definitive agreement to be acquired by private equity firm GI Partners, the company announced April 8.
Suez Canal Blockage Ripples Through Trucking Industry
The containership that was blocking the Suez Canal has long since been dislodged, but the ripple effect of the delays it created could be felt across the supply chain for a while, experts said.
C.H. Robinson Unveils Sustainability Tool, EPA Collaboration
C.H. Robinson has unveiled a tool and data model designed to help the transportation sector monitor and manage carbon emissions that was developed by the company’s technology incubator in collaboration with the U.S. Environmental Protection Agency and the Massachusetts Institute of Technology.
Biden Promotes Infrastructure Plan Amid GOP Opposition
President Joe Biden and his team are galvanizing public support for their multitrillion-dollar infrastructure proposal as Congress prepares to debate both the plan and the administration’s budget request for federal agencies.
Michelin Reinforces Bet on Hydrogen to Move Beyond Tires
Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires.
EV Shift Becomes Life-or-Death Risk for Automakers
The shift to electric vehicles won’t happen like the flip of a light switch.
Pilot Freight Services Acquires DSI Logistics
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.
Atlantic Faces Another Wild Hurricane Season After Record 2020
The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named storms sweeping out of the basin.
US Jobless Claims Jump, Showing Choppy Labor Recovery
Applications for U.S. state unemployment insurance unexpectedly rose for a second week, underscoring the uneven nature of the labor market recovery.