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

McLeod Expands Data Analytics, Introduces New Web User Interface

NASHVILLE, Tenn. — McLeod Software is expanding its data analytics and business intelligence capabilities along with other tools designed to help its carrier and freight broker customers navigate an uncertain business environment.

Seth Clevenger | Managing Editor, Features and Multimedia
September 27, 2022
Government, Business, Safety

Massachusetts Congestion Pricing Tolls Stuck at Red Light

A plan to impose congestion pricing tolls on Massachusetts roadways remains kicked back to the state Legislature and unlikely to proceed following Gov. Charlie Baker’s recent veto.

Noël Fletcher | Staff Reporter
September 27, 2022
Business, Equipment

VTNA Taps Expressway Trucks as First EV Certified Dealer in Ontario

Volvo Trucks North America announced it designated Expressway Trucks as a Volvo Trucks certified electric vehicle dealer.

September 27, 2022
Government, Business, Safety

Freight Industry Applauds Hutcheson’s Confirmation at FMCSA

The recent Senate confirmation of Robin Hutcheson as administrator of the Federal Motor Carrier Safety Administration prompted praise from groups representing key aspects of the freight industry.

Eugene Mulero | Senior Reporter
September 27, 2022
Business, Equipment

Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups

Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.

Keith Naughton | Bloomberg News
September 27, 2022
Business, Logistics

GXO, Bayer Grow Partnership With Nebraska Warehouse

GXO Logistics Inc. celebrated the opening of a new warehouse with Bayer in Kearney, Neb., the companies announced Sept. 27.

September 27, 2022
Business

Goodyear Plans $125 Million Expansion of Kansas Plant

The Goodyear Tire and Rubber Co. will invest $125 million and hire 40 new employees at its Topeka, Kan., plant as part of a modernization of the facility, which has been in operation since 1945, Kansas Gov. Laura Kelly announced.

September 27, 2022
Government, Business, Technology, Fuel, Autonomous

States Get Final OK to Build Highway EV Charging Network

WASHINGTON — All 50 states received final approval Sept. 27 to begin construction on a first nationwide network of electric vehicle charging stations that places one roughly every 50 miles along interstate highways, part of the Biden administration’s plan to spur widespread adoption of zero-emission cars.

Hope Yen | The Associated Press
September 27, 2022
Government, Business, Technology, Fuel

Hydrogen Startup Cemvita Sees Boost From New Tax Credits

Cemvita Factory Inc., a Houston-based biotech company backed by Occidental Petroleum Corp., says tax credits passed by Congress last month will allow it scale up plans to produce hydrogen using oil-eating microbes.

Sergio Chapa | Houston Chronicle
September 27, 2022
Business, Technology, Equipment, Fuel

Daimler Eyes Future Collaborations on Diesel Engines

HANOVER, Germany — Industry partnerships for production of diesel engines are a potential next step for manufacturers spreading resources across rapidly evolving alternative power sources, and an announcement on such an initiative could arrive sooner rather than later, Daimler Truck executives said during the IAA Transportation 2022 conference.

Joe Howard | Executive Editor
September 27, 2022