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.
Fortistar, Rumpke to Produce RNG at Ohio Landfill
Fortistar and Rumpke Waste & Recycling announced construction has begun on the Noble Road Landfill Renewable Natural Gas Project, a $33 million transportation decarbonization project in Shiloh, Ohio.
September 18, 2020Peterbilt, Kenworth Medium-Duty EVs Eligible for $95,000 Voucher in Calif.
Peterbilt and Kenworth separately announced California customers for their medium-duty battery-electric trucks are eligible for a $95,000 voucher from the California Air Resources Board.
September 18, 2020Pelosi Says Stimulus May Have to Include Airlines, Restaurants
House Speaker Nancy Pelosi said she’s willing to negotiate on some Democratic priorities for a stimulus package to include aid for industries such as airlines and restaurants that are continuing to struggle amid the coronavirus pandemic.
Convoy Launches New Pricing Program for Shippers
Digital freight broker Convoy launched Convoy Guaranteed Primary, a pricing program designed to procure capacity and lower shippers’ costs.
September 18, 2020Deere Plans to Expand in Australia, New Zealand
Tractor giant Deere & Co. plans to expand in Australia and New Zealand, with its one-time chief economist leading the charge.
US Consumer Sentiment Climbs to Six-Month High in September
U.S. consumer sentiment increased more than expected in early September to a six-month high as Americans grew more upbeat about the economy’s prospects.
USPS Settles Colorado Suit Over ‘False’ Voting Postcards
The U.S. Postal Service settled a lawsuit brought by Colorado election officials over a mass-mailer about mail-in voting that a judge deemed “false,” agreeing to destroy cards that hadn’t been sent yet and work with the state on its election media campaign.
Tesla’s Austin Site Plan Outlines Footprint for Huge Truck Factory
Bulldozers and other construction equipment have been at work for weeks at the location of Tesla’s future $1.1 billion electric vehicle factory in southeast Travis County, but a site plan filed by the company is providing the first public indication of the facility’s huge eventual footprint.
DeJoy Ordered to Halt Post Office Changes Ahead of Election
Postmaster General Louis DeJoy was ordered by a court to halt operational changes at the U.S. Postal Service that triggered fear of a botched tally of mail-in ballots during the presidential election, Washington state’s attorney general said.
Industry Celebrates National Truck Driver Appreciation Week
The trucking industry celebrated the people who have kept the wheels turning in this unprecedented year during 2020 National Truck Driver Appreciation Week, which ran Sept. 13-19 and was notable for the variety of ways drivers were recognized amid the COVID-19 pandemic.