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.
New GM Division to Make EV Chargers
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as well as solar panels and other energy-related technology for homes and businesses.
Large Rail Union Rejects Deal
OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.
Tom McLeod on Expanding Data Analytics and Business Intelligence Capabilities
TT's Seth Clevenger interviews McLeod Software CEO Tom McLeod about product development, cybersecurity and trends we'll see in the coming years.
October 8, 2022CVG Names Andy Cheung New Chief Financial Officer
Diversified supplier Commercial Vehicle Group Inc. announced it appointed Andy Cheung chief financial officer, effective Oct. 11.
October 7, 2022Mississippi Barge Backup Stalls Millions of Tons of Cargo
Prolonged drought is jeopardizing waterborne trade along the Mississippi River, a basin that produces 92% of the nation’s agricultural exports.
Volvo, Mack, Tesla Show Gains With BEVs
Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.
Biden Tightens China Chip Rules
The Biden administration announced new restrictions on China’s access to U.S. semiconductor technology, escalating tensions between the two countries and adding fresh complications to an industry reeling from a slump in demand.
Diesel Profits Near Record With Supplies Dwindling Into Winter
Diesel supplies are so tight heading into winter that profits for producing the heating and trucking fuel are nearing a record high.
October 7, 20225 Questions With Ginnapher Velez of Clean Harbors
Five questions with Ginnapher (Ginn) Velez, senior vice president of asset management and fleet operations at Clean Harbors.
October 7, 2022TMC Recommended Practices Are the Foundation of Maintenance
The essence of achieving superior quality in a fleet maintenance operation is critically dependent, literally, upon the nuts and bolts that hold the truck together.