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, Autonomous

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.

Saijel Kishan | Bloomberg News
July 28, 2021
Government, Business, Safety

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?

Eric Miller | Senior Reporter
July 28, 2021
Government, Business

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.

Eric Tucker | Associated Press
July 28, 2021
Government, Business, Equipment

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.

Julie Johnsson | Bloomberg News
July 28, 2021
Business, Technology, Logistics

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.

Danielle Bochove | Bloomberg News
July 28, 2021
Government, Business, TCA

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.

Tom Shortell | The Morning Call (Allentown, Pa.)
July 27, 2021
Government, Business, Fuel

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.

Hope Yen and Tom Krisher | Associated Press
July 27, 2021
Business, Equipment

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.

Roger Gilroy | Senior Reporter
July 27, 2021
Business, Equipment

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, 2021
Business, Equipment

Rush 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.

Roger Gilroy | Senior Reporter
July 27, 2021