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, Logistics

Ollie’s Invests $75M in Illinois Hub to Cut Trucking Miles

A new Ollie’s Bargain Outlet Holdings distribution center in Illinois will save the company 1.2 million trucking miles annually and serve up to 150 stores.

Noël Fletcher | Staff Reporter
September 4, 2024
Business, Technology, Equipment, Fuel

Volvo to Launch Battery-Electric Truck With Longer Range

Volvo Trucks plans to boost the range for one of its global battery-electric trucks to about 372 miles on a single charge, the Swedish original equipment manufacturer said Sept. 3.

Keiron Greenhalgh | Staff Reporter
September 4, 2024
Business, TCA

Stellantis, UAW at Odds Over Belvidere Plant Timeline

One sentence in a contract document that runs more than 300 pages is drawing scrutiny as the United Auto Workers warns it could strike Stellantis NV.

Luke Ramseth | The Detroit News
September 4, 2024
Government, Business, Technology, Equipment, Safety

Rhode Island Launches Vast WIM System on Washington Bridge

Rhode Island is installing a weigh-in-motion system on the Washington Bridge in Providence, using advanced technology to monitor the structural health of the aging but vital connector.

September 4, 2024
Government, Business, Logistics

Nevada Logistics Sector Gets Boost From $376K Grant

The Nevada Governor’s Office of Economic Development has approved $376,000 in state funding to build out logistics training at the College of Southern Nevada, a move aimed at bolstering one of the area’s fastest-growing industries.

September 4, 2024
Government, Business, Technology, Logistics

Port of Halifax to Create Digital Data Hub

Supply chain improvements for trucking are underway at the Port of Halifax in Nova Scotia in a multimillion-dollar venture to create a data hub and digitize container terminal operations.

Noël Fletcher | Staff Reporter
September 4, 2024
Government, Business, Private

Kroger, Albertsons CEOs in Court to Defend Merger

PORTLAND, Ore. — The CEOs of Kroger and Albertsons were set to testify in federal court Sept. 4, midway through a three-week hearing in which the grocery chains have defended their proposed merger.

Claire Rush and Dee-Ann Durbin | Associated Press
September 4, 2024
Business, Technology, Logistics, TCA

World’s Largest Sailing Cargo Ship Crosses the Atlantic

The largest sailing cargo ship in the world has made its maiden voyage across the Atlantic Ocean. Its shipments have a carbon footprint one-tenth that of a standard containership.

Jeremy Hsu | New Scientist
September 4, 2024
Business, Logistics

Global Goods Trade Recovery Extends Into Q3, WTO Says

Global merchandise trade is recovering from last year’s slump, the World Trade Organization said, as one of its barometers for activity rose further above the longer-term average pace.

Brendan Murray | Bloomberg News
September 4, 2024
Government, Business, Fuel

OPEC+ Discusses Possible Delay to Oil Output Hike

OPEC+ is discussing a possible delay to an oil output increase planned for October, delegates said, after prices crashed to the lowest since last year.

September 4, 2024