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, Technology

Tesla Makes It Tougher to Buy Standard $35,000 Model 3

Tesla Inc. announced a series of changes to its vehicle lineup and pricing, including making it tougher to buy its newly available entry-level $35,000 car.

Dana Hull | Bloomberg News
April 12, 2019
Government, Business

Consumer Sentiment Falls as Outlook for Economy Weakens

U.S. consumer sentiment fell in April for the first time in three months, missing estimates, as the long-term economic outlook dropped to the lowest in more than a year and enthusiasm over tax cuts waned.

April 12, 2019
Government, Business

Speaker Nancy Pelosi Eyes as Much as $2 Trillion for Infrastructure

WASHINGTON — On April 4, House Speaker Nancy Pelosi dialed up the president and requested a meeting. She talked to Donald Trump about working together on an infrastructure package.

Lisa Mascaro | Associated Press
April 12, 2019
Business, Technology, Equipment

Bridgestone Adds Ecopia Steer Tire

Bridgestone Americas Inc. announced the launch of its Bridgestone R284 Ecopia steer tire, which is designed for improved fuel economy, enhanced treadwear and is SmartWay-certified for low rolling resistance.

April 12, 2019
Government, Business

Road Builders Coalition Visits Washington in May to Push for Trust Fund Fix

The Transportation Construction Coalition of road builders and labor unions is scheduled to meet for its annual advocacy meeting in Washington next month to call for long-term funding for infrastructure projects nationwide.

Eugene Mulero | Senior Reporter
April 12, 2019
Business, Fuel

Chevron to Buy Anadarko in $33 Billion Bet on Permian Oil, LNG

Chevron Corp. agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that adds U.S. shale oil and African liquefied natural gas and puts it in the top ranks of the world’s largest energy companies.

April 12, 2019
Business, Technology

Renovus Capital Partners Buys Majority Stake in KSM Consulting

Renovus Capital Partners, a Wayne, Pa.-based investment firm that holds stakes in nearly two dozen companies that provide education and training services, has acquired a majority interest in KSM Consulting in Indianapolis.

Daniel P. Bearth | Staff Writer
April 12, 2019
Government, Business, Technology, Equipment, Safety, Editorial

Editorial: Keeping Up With the ‘Hands’ of Time

The notion of being a “hands-on” worker still carries weight in professional circles. Increasingly, though, some of the things that once were decidedly “hands-on” are becoming much more “hands-off” thanks to the march of technological innovation.

April 11, 2019
Business, Safety

Drug Positivity Rate in US General Workforce Hit 14-Year High in 2018

The rate of U.S. general workforce drug positivity hit a 14-year high in 2018, according to a new drug testing analysis released April 11 by Quest Diagnostics.

Eric Miller | Senior Reporter
April 11, 2019
Government, Business, Fuel

Senate Panel Advances Diesel Emissions Legislation

Legislation that aims to facilitate emissions reduction from diesel engines was easily approved April 10 by the committee that oversees surface transportation policy in the U.S. Senate.

Eugene Mulero | Senior Reporter
April 11, 2019