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.
How Drones Help Workers Inspect Wind Turbines
Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines.
Indiana ‘Trooper in a Truck’ Day Nabs Texting, Speeding Drivers
Who would have suspected that four tractor-trailers rolling down Indiana interstates earlier this month had a state trooper in the passenger’s seat?
US Moves to Better Protect Infrastructure From Cyberthreats
WASHINGTON — The Biden administration is eyeing ways to harden cybersecurity defenses for critical infrastructure, announcing July 28 the development of performance goals and a voluntary public-private partnership to protect core sectors.
Boeing Climbs on First Profit Since 2019 as COVID, Max Woes Ease
Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped.
Shopify Profit Is More Than Double Forecast, Extending Streak
Shopify Inc. beat expectations in the second quarter, with adjusted profit per share more than double what analysts had forecast, and said operating earnings for 2021 should exceed last year’s.
Biden Visits Mack Trucks Plant
Today, President Joe Biden will visit Mack Trucks in Lower Macungie Township, Pa., in conjunction with the White House’s proclamation designating July 26-30 as “Made in America Week.” Watch live.
Biden Mileage Rule to Exceed Obama Climate Goal
WASHINGTON — In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years. He’s then aiming for even tougher antipollution rules after that to forcefully reduce greenhouse gas emissions and nudge 40% of U.S. drivers into electric vehicles by decade’s end.
Paccar Q2 Results Ride Surge in Truck Deliveries, Parts, Financial Services
Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.
VTNA Introduces New Premium Service Offering
Volvo Trucks North America announced its Volvo Blue Contract service offering, a premium plan for new trucks.
July 27, 2021Rush Enterprises Rides Parts, Truck Sales to Higher Earnings
Truck dealership Rush Enterprises reported decidedly higher net income and revenue for the second quarter as the nation’s economy and the company’s markets bounced back.