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.
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.
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.
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, 2024Canada 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.
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.
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.
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.
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.
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.
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.