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, Fuel

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.

Michelle Chapman | Associated Press
October 11, 2022
Government, Business, Safety, Logistics

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.

Josh Funk | Associated Press
October 11, 2022
Business, Technology

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, 2022
Business

CVG 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, 2022
Business, Logistics

Mississippi 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.

Sophie Caronello | Bloomberg News
October 7, 2022
Business, Technology, Equipment, Fuel, Private

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.

Roger Gilroy | Senior Reporter
October 7, 2022
Government, Business, Technology

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.

Ian King | Bloomberg News
October 7, 2022
Business, Fuel

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, 2022
Business, Equipment

5 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, 2022
Business, Equipment

TMC 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.

Jack Legler | Technical Director, Technology & Maintenance Council
October 7, 2022