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.
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.
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.
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, 2022Freight 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.
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.
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, 2022Goodyear 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, 2022States 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.
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.
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.