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.

Business, Equipment

Paccar Adds Hoods to Aftermarket Parts

Paccar Parts added TRP Hoods to its growing line of all-makes collision parts.

November 2, 2020
Government, Business, Technology, Safety

Virginia Launches $3.8 Billion Hampton Roads Bridge-Tunnel Project

Virginia leaders recently gathered to break ground on expansion of the Hampton Roads Bridge-Tunnel, the largest infrastructure project in the state’s history.

Eleanor Lamb | Staff Reporter
November 2, 2020
Government, Business, Logistics

USPS Ordered to Speed Swing-State Ballots in Time for Election Day

A federal judge ordered the U.S. Postal Service to make every effort to deliver mail-in ballots in three crucial swing states by Election Day due to uncertainty over whether votes that arrive after that will be counted.

Erik Larson | Bloomberg News
November 2, 2020
Government, Business, Logistics

FedEx Vows to Avoid Transport Bottlenecks When Vaccines Are Ready

FedEx Corp. is pledging to avoid transportation logjams when a massive operation begins to deliver a coronavirus vaccine.

Thomas Black | Bloomberg News
November 2, 2020
Government, Business, Technology, Fuel

Election Outcome Could Stir Up Electric Vehicle Industry

Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.

Esha Dey | Bloomberg News
November 2, 2020
Business, Technology, Fuel

Top Electric-Car Battery Maker Wins Approval for Company Split

South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.

October 30, 2020
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Higher Net Income of $13.6M for Q3

Universal Logistics Holdings Inc. reported higher third-quarter net income, lifted largely by the recovery in automotive production.

Connor D. Wolf | Staff Reporter
October 30, 2020
Government, Business, Fuel

Oil Poised for Worst Month Since March With Growing Curbs

Oil headed for its biggest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.

Andres Guerra Luz | Bloomberg News
October 30, 2020
Government, Business, Technology

New House Bill Promotes Transportation Technologies

Legislation that aims to promote the adoption of new technologies throughout the country’s transportation networks was recently introduced in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
October 30, 2020
Business, Logistics, Top 100

Daseke Reports Net Income of $15.7M for Q3

Daseke Inc. reported that its third-quarter bottom line result rebounded to a profit from a loss a year ago.

Connor D. Wolf | Staff Reporter
October 30, 2020