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.
California Transportation Commission Dedicates $1.4 Billion for Infrastructure
The California Transportation Commission recently allocated $1.4 billion for transportation infrastructure projects, including efforts to improve freight movement.
Maersk Invests $1.4 Billion in Methanol-Powered Ships
A.P. Moller-Maersk has ordered eight new vessels, each costing $175 million, that can be propelled by cleanly made methanol instead of an oil-based fuel.
Chevron Expands RNG Push for Longhaul Trucks
Chevron Corp. and joint venture partner Brightmark, a waste solutions manager, will build an additional 10 facilities to produce dairy biomethane to fuel longhaul trucks.
Chip Shortage Set to Worsen as COVID Rampages Through Malaysia
The number of COVID-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.
August 24, 2021TravelCenters of America Adds Franchise in Kansas
TravelCenters of America Inc. announced the opening of a TA Express travel center in Edgerton, Kan.
August 23, 2021Pilot Freight Services, American Linehaul Announce Strategic Partnership
Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
August 23, 2021Biden: Companies Should Mandate Vaccine
President Joe Biden said full approval of the Pfizer Inc. and BioNTech SE COVID-19 vaccine should clear the way for companies to impose vaccine requirements for employees.
Yellow President Darrel Harris Sees Bright Future in Trucking
Yellow President Darrel Harris can still remember his first day in the trucking industry.
Nikola Awarded DOE Grant to Research Hydrogen Refueling
Nikola Corp. announced the U.S. Department of Energy awarded it a grant of $2 million to advance research into autonomous refueling technologies for future hydrogen fueling stations.
August 23, 2021Goodyear, Plus Announce Autonomous Trucks Collaboration
The Goodyear Tire & Rubber Co. announced a collaboration with automated driving company Plus to integrate Goodyear’s suite of services with Plus technology.