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, 2021Trucking 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.
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, 2021OPEC+ 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, 2021ATRI 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, 2021GXO 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, 2021Teen 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, 2021Ashley 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, 2021Jobless 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, 2021Tesla 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, 2021Container 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, 2021Trending
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