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.
Fortistar Merges Two Units to Form Opal Fuels
Private equity firm Fortistar announced two of its portfolio companies, Fortistar Methane Group, a developer of renewable natural gas, and TruStar Energy, supplier of RNG transportation fuel, are merging under Opal Fuels to form a fully integrated renewable fuels supply company for North America.
April 26, 2021Daimler Truck Appoints Two Key Executives Ahead of Spinoff
Daimler Truck AG announced effective July 1 Andreas Gorbach will lead its new Truck Technology Group.
April 26, 2021ELD Data Shows Effectiveness, Expert Says
New research and inspection data shows that electronic logging devices are largely on target to reach their goals of improving road safety and simplifying tracking hours of service, according to a technology expert.
Orders for Durable Goods Rebound in March
WASHINGTON — Orders for big-ticket manufactured goods rebounded 0.5% in March as U.S. factories recovered from February weather disruptions. However, the recovery was not as strong as most had expected due to ongoing supply chain disruptions that continue to ensnare U.S. manufacturers.
Congressional Problem Solvers Caucus Unveils Infrastructure Plan
A bipartisan group of lawmakers pursuing compromise with congressional leaders unveiled an infrastructure policy proposal backed partly by an increase in the fuel tax.
Elon Musk to Host NBC’s ‘Saturday Night Live’ on May 8
Tesla CEO Elon Musk will host “Saturday Night Live” for the first time on May 8, NBC said.
Cummins, Tula Test Achieves Reduced Emissions
Cummins Inc. and Tula Technology Inc. announced Tula’s diesel Dynamic Skip Fire (dDSF) software was effective in reducing nitrogen oxides and carbon dioxide emissions on a Cummins X15 HD Efficiency Series diesel engine.
April 26, 2021California Drayage Fleets Face Potential Zero-Emission Mandate
The push for zero-emission trucks in California has left drayage operators questioning that approach in light of their previous investments in equipment using natural gas fuel, an industry association executive said.
Renewable Natural Gas Gains Momentum as Trucking Fuel
Progressively tougher clean air mandates and the increasing corporate focus on environmental sustainability could signal a larger role for natural gas — especially renewable natural gas — as a trucking fuel, experts said.
Lindsey Graham Floats $900 Billion in Infrastructure Spending
Republicans may be ready to back as much as $900 billion in infrastructure spending, according to a senior senator, though that would still be less than half of President Joe Biden’s proposal.