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.

Government, Business

Elaine Chao, Local Leaders Announce INFRA Grant in Northern Kentucky

Secretary of Transportation Elaine Chao joined local lawmakers in her home state of Kentucky in celebrating a recently awarded federal grant that will be used to improve an interchange linking two interstates.

Eleanor Lamb | Staff Reporter
August 27, 2018
Government, Business, Safety

South Dakota Approves 35 Grants for Local Bridge Improvements

The South Dakota Transportation Commission has approved 35 bridge improvement grants totaling more than $1.3 million.

Eleanor Lamb | Staff Reporter
August 27, 2018
Government, Business

China Disputes Latest US Tariffs at World Trade Organization

GENEVA — China is challenging the latest round of U.S. tariffs against Chinese goods through the World Trade Organization.

August 27, 2018
Business, Technology, Fuel

Rugged Ram Truck Has a Secret Inside: A Small Electric Motor

“Mild” is not a word that usually is associated with brawny pickups. But Fiat Chrysler Automobiles NV is betting it can sell more Ram 1500s by turning its famous V-8 Hemi engine into a mild hybrid, and clean up its industry-worst emissions record in the process

Gabrielle Coppola | Bloomberg News
August 27, 2018
Business, Technology, Fuel

Nissan Launches China-Focused Electric Car

GUANGZHOU, China — Nissan’s first electric sedan designed for China began production Aug. 27 at the start of a wave of dozens of planned lower-cost electrics being created by global automakers for their biggest market.

August 27, 2018
Government, Business, Technology, Equipment, Safety, TCA

New Mexico Committed to Reversing Trend of Workplace Fatalities

In 2016, the most recent year for which comprehensive data is available nationally, 41 individuals were killed in work-related incidents in New Mexico.

Marie C. Baca | Albuquerque Journal
August 27, 2018
Business

Canadian Firm Express Mondor Finalizes Acquisition of Transport L’Epiphanie

Express Mondor has finalized its acquisition and integration of Transport L’ Epiphanie’s entire team and assets, the Canadian freight-hauling company said. Financial terms of the agreement announced on Aug. 23 were not disclosed.

August 27, 2018
Government, Business, TCA

Bridge Strikes Vex New England Cities

Some New England cities have a problem that they want truck drivers passing through to know about — bridges may be too low for their rigs.

Brian Early | Foster’s Daily Democrat (Dover, N.H.)
August 27, 2018
Business, Logistics

Food Service Distributor Atlantic Beverage Receives New Investment

Atlantic Beverage Co., an Edison, N.J.-based importer and distributor of nonperishable food and beverage products, has received new capital from a group of investment firms led by KCM Capital Partners in Chicago.

Daniel P. Bearth | Staff Writer
August 27, 2018
Business, Equipment, Safety

Bendix Transitions Facilities to New Quality Standards

Bendix Commercial Vehicle Systems and Bendix Spicer Foundation Brake announced each has completed all audits successfully, ensuring full transition to the new standards from the International Automotive Task Force, and the International Organization for Standardizations.

August 27, 2018