Trucking Business News

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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.

GovernmentBusiness

House Transportation Committee Chairman DeFazio Won鈥檛 Seek Re-Election

Soon after Rep. Peter DeFazio announced he would not seek another term in Congress, stakeholders representing nearly every sector in the transportation industry reflected on the longtime congressman鈥檚 contributions.

December 2, 2021
GovernmentBusinessTechnologySafety

House Transportation Policymakers Recommend Additional Pipeline Security

The leaders of the transportation committee in the U.S. House of Representatives pressed federal agencies to continue their robust response and review of cybersecurity operations months after a cyberattack disrupted a major petroleum pipeline.

December 2, 2021
BusinessFuel

OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause

OPEC and its allies will proceed with their next oil-production hike, but said they could revisit the decision at any moment as the risk to demand from the omicron variant of COVID-19 becomes clearer.

December 2, 2021
BusinessLogistics

ATRI Study Explores Differences Between Independent, Company Drivers

Truck drivers have distinct reasons for choosing between driving for a company or remaining independent, a new report by the American Transportation Research Institute shows.

December 2, 2021
BusinessLogistics

GXO Expands Warehouse Network in Atlanta With MYXfitness

Logistics provider GXO Logistics Inc. and Beachbody Co.鈥檚 MYXfitness announced Dec. 2 they are working to open an Atlanta-based distribution center to help meet growing e-commerce demand.

December 2, 2021
GovernmentBusinessSafetyLogisticsTCA

Teen Truck Drivers Seen as Way to Alleviate Shortage

Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year, he jumped at the chance and signed on as an apprentice with Total Transportation of Mississippi in Richland.

December 2, 2021
BusinessTop 100

Ashley Furniture Affiliate Set to Acquire Wilson Logistics Assets

Ashley Furniture Industries affiliate Ashley Pacific Northwest on Nov. 22 entered into an agreement to acquire certain assets of Wilson Logistics.

December 2, 2021
GovernmentBusiness

Jobless Claims Remain Low Following Prior Plunge

Applications for U.S. state unemployment benefits rose by less than forecast last week after a plunge tied to seasonal adjustments in the prior period.

December 2, 2021
BusinessTechnology

Tesla Officially Moves HQ From California to Texas

Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.

December 2, 2021
BusinessLogistics

Container Rates to US From Asia Fall to Lowest Since July

Ocean freight rates on goods shipped to both U.S. coasts from Asia fell to the lowest levels since July, reflecting an easing of supply strains after the pre-holiday shipping frenzy that fanned inflation fears in the world鈥檚 largest economy.

December 2, 2021

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