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.

Government, Business, Technology, Safety, Logistics

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.

Eric Miller | Senior Reporter
November 8, 2021
Government, Business, Safety

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.

Eugene Mulero | Senior Reporter
November 8, 2021
Government, Business

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.

Alexandra Jaffe | Associated Press
November 8, 2021
Business, Equipment, Logistics

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, 2021
Business, Logistics, Top 100

TFI 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.

Connor D. Wolf | Staff Reporter
November 8, 2021
Business, Technology, Autonomous

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.

Roger Gilroy | Senior Reporter
November 8, 2021
Business, Technology, Equipment, Autonomous

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.

Ryan Beene and Dana Hull | Bloomberg News
November 8, 2021
Business, Equipment, Safety

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, 2021
Business, Technology, Logistics, Autonomous

Walmart Accelerates Self-Driving Delivery

At the moment, the future of transportation is at the Walmart on Regional Airport Boulevard in Bentonville, Ark.

Kyle Stock | Bloomberg News
November 8, 2021
Government, Business, Fuel

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.

Alex Longley | Bloomberg News
November 8, 2021