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.
Great Dane Launches FleetPulseGO
Great Dane announced it launched FleetPulseGO, a low-cost GPS-only solution for pre-owned trailers.
April 2, 2021Tesla Deliveries Smash Expectations on Reception in China
Tesla Inc. delivered more cars than expected in the first quarter, a strong start to a year in which CEO Elon Musk will be scaling global operations and building two more factories.
EV Provider Arrival Goes Public
Electric vehicle provider Arrival announced it became a publicly traded company on the Nasdaq Global Select Market.
April 2, 2021Ryder Sues Chinese-Backed Truck Maker
Ryder Truck Rental Inc. has filed a $3.7 million federal civil lawsuit alleging that a Chinese-backed truck maker failed to make good on promises to deliver hundreds of Class 5 electric vehicles.
Kenworth Montreal Group Adds Full-Service Dealership
Kenworth Montreal Group has opened full-service location in Mirabel, Quebec, to keep up with a growing local economy and the service needs of customers.
April 2, 2021Deep-Freeze Issues Linger at US Refineries
Texas’ refining complex is mostly back from February’s crippling cold blast, but lingering freeze-related issues continue to plague a number of production units.
Biden’s Biggest-Ever Investment Plan for US Still Trails China
What President Joe Biden touted as a historic U.S. federal investment program that will position the country to win the global innovation race still leaves it well behind China’s continuing, giant infrastructure upgrading campaign.
US Employers Add 916,000 Jobs in March as Hiring Accelerates
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’
Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.
Dana Adds Service-Free Medium-Duty Parts
Dana Inc. has added new SPL 140SFX service-free u-joints for medium-duty applications to its Spicer Life series portfolio.
April 1, 2021