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.
Central Washington Route Upgraded for Agricultural Truck Traffic
State and federal transportation agencies have recently upgraded and reclassified Washington State Route 281 as a heavy truck freight corridor allowing 10 million tons or more of mostly agricultural freight moves per year.
House Passes FEMA Aid Bills
Legislation designed to expedite post-disaster construction of infrastructure projects in states was easily passed by the U.S. House of Representatives earlier this month.
Next Task: Selling Infrastructure, Getting Funds to States
President Joe Biden doesn’t need to look any further back than his time as vice president to grasp the challenges that lie ahead in promoting his new $1 trillion infrastructure deal to the American people and getting the money out the door fast enough that they can feel a real impact.
Dorsey Intermodal Set to Deliver 5,000 Chassis to S.C. Ports
Dorsey Intermodal is on track to fulfill an agreement to supply more than 5,000 new chassis for the South Carolina Ports Authority, the trailer manufacturer announced Nov. 8.
November 8, 2021TFI Reports 124% Jump in Revenue for Q3
TFI International saw adjusted net income increase 59% during the third quarter of 2021, the company reported Oct. 28.
Self-Driving Software Developer Aurora Goes Public
Self-driving technology company Aurora announced it completed its business combination with Reinvent Technology Partners Y, a special purpose acquisition company.
Twitter Users Back Musk Selling 10% of Stake
Tesla Inc. declined after Elon Musk’s Twitter followers voted in favor of selling 10% of his stake in a poll set up by the electric car chief.
Arbon Equipment Acquires Pugleasa
Milwaukee-based Arbon Equipment Corp., a wholly owned subsidiary of Rite-Hite, announced it acquired Pugleasa Co. Inc., a loading dock and industrial door sales and service organization headquartered in Arden Hills, Minn.
November 8, 2021Walmart Accelerates Self-Driving Delivery
At the moment, the future of transportation is at the Walmart on Regional Airport Boulevard in Bentonville, Ark.
Oil Pares Gains as US Comments Counter Signs of Strong Market
West Texas Intermediate pared earlier gains after U.S. Energy Secretary Jennifer Granholm told MSNBC that President Joe Biden may make an announcement to address high oil and gasoline prices this week.