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

Oregon Transportation Commission Approves Program to Address Freight Issues

The Oregon Transportation Commission recently approved the Enhance Highway Discretionary Program, which is meant to specifically address congestion and freight mobility issues.

Eleanor Lamb | Staff Reporter
March 22, 2021
Business, Technology, Equipment

Kenworth Shows Off Aerodynamics of T680 Next Gen

RENTON, Wash. — Kenworth Truck Co. spotlighted the aerodynamic and interior upgrades to its T680 Next Gen Class 8 during a small media event that began at its proving grounds here, then shifted to a 40-mile test drive during which both the day cab and highway models were on hand.

Steve Sturgess | Special to Transport Topics
March 22, 2021
Business, Technology

Chip Shortage Worsens as Fire Shuts Factory for a Month

NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production.

March 22, 2021
Government, Business, Safety

Sen. Deb Fischer Again Introduces Livestock Hauling Bill

Legislation meant to enhance commercial operations for haulers of livestock and agricultural commodities was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
March 22, 2021
Government, Business, Equipment

Texas Law That Limits Ship Size at Port Houston Attracts Federal Scrutiny

A Texas law that restricts the size of ships that can operate within the Houston Shipping Channel and, because of that, call on Port Houston is generating controversy within the port and shipping community.

Dan Ronan | Senior Reporter
March 22, 2021
Business, Technology, Equipment, Safety, Fuel

Fleets’ Tire Choices Involve Many Factors

Selecting the right tires for a trucking fleet’s specific application and business model is both a science and an art, with experience, industry know-how and common sense mixed in.

Jack Ferry | Special to Transport Topics
March 22, 2021
Government, Business

Japan Charges Two Americans With Helping Ghosn Escape

TOKYO — Japanese prosecutors charged two Americans, Michael Taylor and his son Peter, March 22 in the escape of former Nissan Chairman Carlos Ghosn to Lebanon, while he was out on bail.

Yuri Kageyama | Associated Press
March 22, 2021
Business, Top 100

Werner Enterprises Named Military Friendly Company

Werner Enterprises announced it was recognized for the fifth consecutive year as a company that is friendly toward military veterans.

March 22, 2021
Business, Technology, Fuel

Detroit’s Empty Factories Can Help Win Electric Pickup War

In the nascent electric pickup wars, Detroit won’t need tents.

Kyle Stock | Bloomberg News
March 22, 2021
Business, Logistics

Big Ships Snag Unusual Loads as Dry Bulk Market Tightens

Shipments of timber and grain are being loaded onto a class of ship normally reserved for other cargo as strong demand to move commodities causes dislocations to the supply of vessels.

Krystal Chia and Ann Koh | Bloomberg News
March 22, 2021