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

Planning, Flexibility Key in Electric Fleet Management

CLEVELAND — Experts stressed common considerations in electric fleet management in a study group session during American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition.

Michael Freeze | Features Editor
September 15, 2021
Business, Technology, Equipment, Safety, Fuel

Technical Session Explores Modern Truck Battery Challenges

CLEVELAND — The evolving demands on truck batteries and how to prolong their life has proven revolutionary for Class 6 and Class 8 vehicles, experts said Sept. 14 during American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition.

Connor D. Wolf | Staff Reporter
September 15, 2021
Business

Former Ruan Transportation Chairman John Ruan III Dies at 78

John Ruan III, chairman emeritus of Ruan Transportation, died Sept. 11 after a long illness. He was 78.

Eric Miller | Senior Reporter
September 15, 2021
Government, Business, Safety

NTSB: Officer’s Error Likely Caused 2019 Shipwreck Off Georgia

A top officer’s errors in calculating the stability of a cargo ship loaded with nearly 4,200 automobiles likely caused the giant vessel to overturn along the Georgia coast, U.S. investigators said in a report Sept. 14.

Russ Bynum | Associated Press
September 15, 2021
Business, Technology, Equipment

Clarience Relates Transition From Electric to Electronic

CLEVELAND — Ushering in its transition from an electrical company to an electronic company, Clarience Technologies introduced a suite of products including the A2Z for e-Mobility, a companywide initiative developed to extend the range of electric vehicles by reducing battery amp draw.

Michael Freeze | Features Editor
September 15, 2021
Government, Business, Equipment

Seven More Indicted in New Orleans Staged Crash Scam

Seven individuals have been charged with staging two accidents with tractor-trailers in New Orleans, bringing the number of indictments to 40 in a federal investigation into intentional collisions with trucks.

Eric Miller | Senior Reporter
September 15, 2021
Government, Business, Technology, Safety, Fuel

US House Democrats Edge Closer to $3.5 Trillion Budget With Transportation Bill Approval

Democrats in the U.S. House of Representatives moved closer to realizing President Joe Biden’s domestic agenda after they advanced transit and climate change proposals in a transportation budget bill.

Eugene Mulero | Senior Reporter
September 15, 2021
Business

After Ida Hits, August Industrial Output Gains Slow to 0.4%

U.S. industrial production slowed to a 0.4% gain in August as shutdowns of petroleum refineries and petrochemical plants caused by Hurricane Ida curbed manufacturing activity.

Martin Crutsinger | Associated Press
September 15, 2021
Government, Business, Technology

Rivian Gets US Regulatory Go-Ahead to Deliver EVs

Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start delivering its debut electric vehicle to U.S. customers.

Ed Ludlow | Bloomberg News
September 15, 2021
Business, Equipment, Logistics

Worker Shortage Adds to Supply Chain Snags, Caterpillar CEO Says

Caterpillar Inc. is having a tough time getting the materials it needs from suppliers facing a labor crunch, adding another hurdle for the machinery maker already has said a global chip shortfall may keep it from fully meeting demand this year.

Joe Deaux | Bloomberg News
September 15, 2021