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.
U.S. Xpress CEO Details Economic Forecast for 2021
U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.
Audit Finds Flaws in FMCSA Monitoring of Drivers’ Medical Qualifications
An Inspector General audit has found weaknesses in regulators’ monitoring of medical examiner qualifications and ensuring that truck drivers meet physical qualification standards to safely operate commercial vehicles.
Baker Hughes Sees Up to Four LNG Investment Decisions in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.
Biden Appoints Slew of DOT Officials
President Joe Biden has appointed Meera Joshi to serve as deputy administrator of the Federal Motor Carrier Safety Administration.
Nation’s Ports Finish 2020 Strong Amid Surge of Imports
The nation’s ports in December posted record or near-record cargo numbers as a surge of imports continued to enter facilities on the Pacific and Atlantic coasts.
Buttigieg Pledges to Make Transportation Systems COVID-Safe
President Joe Biden’s pick to run the Department of Transportation says he will focus on preventing the spread of COVID-19 on the nation’s transportation systems if he is confirmed by the U.S. Senate.
US Jobless Claims Fall Slightly; Remain Near 1 Million
Applications for U.S. state unemployment benefits fell only slightly the week of Jan. 11 and remained elevated, signaling heightened pandemic-related strain in the U.S. labor market just as Joe Biden begins his first days as president.
USDA Says It Lacks Jurisdiction to Issue Hemp Transport Shipping Document Guidance
A final hemp rule announced by the U.S. Department of Agriculture does not include requirements for shipping documents that could help motor carriers avoid being stopped, inspected or subject to detention by law enforcement when crossing state boundaries.
C.H. Robinson Launches Consumer Brand for Fresh Produce
C.H. Robinson’s fresh produce business division will roll out its own brand of fruits and vegetables nationwide, the logistics company announced Jan. 19.
Amazon Offers to Help Biden Administration With Vaccinations
Amazon .com Inc. is offering to help the Biden administration accelerate the distribution of COVID-19 vaccines, including to its own employees.