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, Equipment

Eaton Q3 Profit Climbs 13.2% Behind Data Center Growth

Eaton Corp.’s profit climbed 13.2% in the third quarter as revenue growth from data center expansions around the globe provided the biggest boost.

Keiron Greenhalgh | Staff Reporter
November 6, 2024
Government, Business, Technology, Logistics

N.Y. to Give $21.6M for Dairy Supply Chain, Milk Tankers

Gov. Kathy Hochul unveiled the grant program in her 2024 State of the State address as a response to mounting challenges facing dairy farmers.

Noël Fletcher | Staff Reporter
November 6, 2024
Government, Business

Expand Your Business by Partnering with the Ideal Lender

Program Aired: November 6, 2 p.m. ET Learn how to improve cash flow and grow your trucking business with Accounts Receivable financing.

November 6, 2024
Government, Business

Canada Braces for Economic Disruption

Canada, which buys more U.S. goods than any other nation and is its largest external oil supplier, is bracing for economic disruption now that voters have elected Donald Trump.

Randy Thanthong-Knight | Bloomberg News
November 6, 2024
Government, Business, Safety, Logistics, TCA

I-40 Between N.C. and Tennessee Could Reopen by Jan. 1

Interstate 40 may reopen between North Carolina and Tennessee by New Year’s Day, according to the North Carolina Department of Transportation.

Richard Stradling | The News & Observer (Raleigh, N.C.)
November 6, 2024
Government, Business, Technology, Fuel

Here’s What a Trump Presidency Means for EVs, Oil

Donald Trump’s victory promises to shake up U.S. energy and environmental policy, with sweeping implications for oil production, offshore wind development and electric vehicle sales.

November 6, 2024
Business, Technology, Autonomous

Lyft Teams With Mobileye in Series of Autonomous Deals

Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.

Natalie Lung | Bloomberg News
November 6, 2024
Government, Business

Trump Victory Brings Risk of Tariffs

Business leaders around the world awoke Nov. 6 to a new reality with Republican Donald Trump set to return to the White House, promising greater U.S. protectionism and higher tariffs.

Shelly Banjo | Bloomberg News
November 6, 2024
Business, Equipment

Cummins Q3 Profit Jumps 23.3% on Data Center Generator Needs

Buoyant appetite for data center power generators underpinned a 23.3% year-on-year jump in Cummins Inc.’s profit in the third quarter, trumping weak demand for heavy-duty truck engines.

Keiron Greenhalgh | Staff Reporter
November 5, 2024
Government, Business, Technology, Equipment, Safety

GM Recalls Chevy Bolts from 2020–2022 Over Battery Fire Risk

This smaller recall from GM comes three years after a larger callback of the all-electric Chevrolet Bolt for a similar hazard.

Keith Laing | Bloomberg News
November 5, 2024