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

Isuzu, Decisiv Collaborate on Dealership Network Management

Isuzu Commercial Truck of America confirmed Oct. 15 a long-term collaboration with service management platform provider Decisiv.

October 18, 2021
Government, Business, Technology

Commerce Head Gina Raimondo Aims to Bring Chip Manufacturing to the US

President Joe Biden has tasked Commerce Secretary Gina Raimondo with ensuring the United States will be the world leader in computer chips.

Josh Boak | The Associated Press
October 18, 2021
Business, Technology, Fuel

Foxconn Announces Electric Car Venture

TAIPEI, Taiwan — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Oct. 18 to produce electric cars for auto brands under a similar contract model.

Taijing Wu | Associated Press
October 18, 2021
Business, Technology, Fuel

Ford to Make Electric Power Units in England

LONDON — Ford Motor Co. plans to spend up to $315 million to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.

October 18, 2021
Government, Business

Industrial Production Falls 1.3% as Effects From Ida Linger

SILVER SPRING, Md. — U.S. industrial production fell 1.3% in September, much more than expected as the lingering effects of Hurricane Ida continue to stymie activity.

Matt Ott | Associated Press
October 18, 2021
Business, Technology, Fuel

Toyota to Build $1.29 Billion US Battery Plant

DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.

Tom Krisher | Associated Press
October 18, 2021
Government, Business, Logistics

J.B. Hunt Reports $3.14 Billion in Revenue for Q3

J.B. Hunt Transport Services experienced both revenue and net income growth during the third quarter of 2021, the company reported Oct. 15.

Connor D. Wolf | Staff Reporter
October 15, 2021
Government, Business, Technology, TCA

Senators to Introduce Antitrust Legislation Aiding Amazon Sellers

A bipartisan group of U.S. senators announced Oct. 14 they were introducing additional legislation targeting platforms like Amazon’s marketplace amid news reports that say Amazon swipes product information from sellers to bolster its own brands, then favors those Amazon-branded products in search results.

Katherine Anne Long | Seattle Times
October 15, 2021
Business, Technology, Fuel, Top 100

Nikola, PGT Trucking Collaborate on FCEVs

Nikola Corp. announced a collaboration with PGT Trucking Inc. that includes a letter of intent from the flatbed carrier to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles following the satisfactory completion of a Nikola Tre FCEV demonstration program.

October 15, 2021
Government, Business, Logistics, TCA

'All Hands On Deck’ at Seattle, Tacoma Ports

Seattle and Tacoma port authorities said Oct. 13 it’s “all hands on deck” as they work to address cargo ship congestion in Puget Sound.

Akash Pasricha | The Seattle Times
October 15, 2021