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.
Eberspaecher Announces Third-Generation Air Heaters
Eberspaecher will roll out the next generation of its fuel-operated air heaters before the end of the year, the company announced Aug. 26.
August 31, 2021CN Rail’s Kansas City Southern Deal Imperiled by STB Ruling
The Canadian National Railway’s $33.6 billion bid to merge with the smaller but strategically significant Kansas City Southern suffered a serious and possibly fatal blow Aug. 31, as the U.S. Surface Transportation Board unanimously voted to reject a vital component of the agreement.
Colonial Pipeline Resumes Operations After Shutdown for Ida
Colonial Pipeline Co., a vital fuel transporter in the Southeast U.S., has restored operations following a temporary shutdown during Hurricane Ida, likely alleviating concerns about a new round of gas shortages in the region.
Some Carriers Want to Go Green but Face Barriers, Convoy Survey Finds
One-third of small and midsize trucking companies want to reduce emissions but face barriers, a Convoy survey released Aug. 31 showed.
Louisiana Ports Shutdown May Impact Agriculture Exports
The ports of New Orleans, Baton Rouge and South Louisiana, vital in terms of shipping grain commodities worldwide, have been shut down, and there is no timetable for when they will reopen.
Consumer Confidence Falls to Six-Month Low on Delta Variant
U.S. consumer confidence dropped in August to a six-month low, suggesting concerns over the delta variant and elevated prices are weighing on Americans’ views of the economy now and in the coming months.
Cold Transport Moves Further Into Electrification
The technology for cooling transported goods is moving further into electrification and other means to spur deployments of zero-emission transport refrigeration units, manufacturers said.
Perspective: Unlocking Security Integration’s Trucking Potential
The valuable assets that trucking, freight and logistics companies must protect from theft and damage require more than a one-size-fits-all solution, but creative opportunities exist for companies that integrate physical security with new technologies.
Energy Companies Begin to Assess Damage From Ida
Louisiana communities battered by Ida faced a new danger as they began the massive task of clearing debris and repairing damage from the storm: the possibility of weeks without power in the stifling, late-summer heat.
August 31, 2021Lithium Fuels Hopes for Revival on California’s Largest Lake
California’s largest but rapidly shrinking lake is at the forefront of efforts to make the U.S. a major global player in the production of lithium.