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

Mack Lightens Suspension, Adds Active Steering on Certain Models

Mack Trucks announced improved weight savings on its mRide suspension and the availability of its active steering system on certain models during the virtual 2021 Work Truck Show.

March 9, 2021
Government, Business, Safety, Fuel

Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.

March 9, 2021
Business, Technology, Fuel

Rivian Seeks 3-in-a-Row EV Debuts, Defying History

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc., is running the automotive equivalent of a three-ring circus: attempting to launch a trio of new vehicles in a factory that made its last car six years ago.

March 9, 2021
Business, Logistics

Traffic Volumes Continue to Climb Amid Pandemic

Traffic levels related to freight movement generally have fared better than levels associated with other modes of transportation during the COVID-19 pandemic, but future travel trends remain hard to predict.

Eleanor Lamb | Staff Reporter
March 8, 2021
Business, Technology, Equipment, Safety

Ford Telematics Now Available for Non-Ford Commercial Vehicles

Ford Motor Co. is making its telematics system available to all commercial vehicle manufacturers, the company announced.

Connor D. Wolf | Staff Reporter
March 8, 2021
Government, Business, Technology, Safety

Sen. Ed Markey Pushes Climate-Focused Transportation Bills

A group of Democratic senators recently introduced legislation designed to initiate reductions of greenhouse gas emissions on the nation’s highways.

Eugene Mulero | Senior Reporter
March 8, 2021
Government, Business

Biden’s Giant Stimulus to Easily Pass House, Democrats Say

President Joe Biden’s $1.9 trillion package will sail through the House when it takes up the bill on March 9, according to Democratic lawmakers and aides, even after proposals that progressives championed were scaled back.

March 8, 2021
Business

Mullen Group to Acquire APPS Transport

Mullen Group has entered into a letter of intent agreement to acquire APPS Transport Group.

Connor D. Wolf | Staff Reporter
March 8, 2021
Business, Logistics

Amazon Spends $131 Million for Stake in Cargo Airline ATSG

Amazon .com Inc. has scooped up a minority stake in a cargo airline that operates a portion of its fast-growing air-cargo division, the latest sign of the retailer’s long-term ambitions to expand its airfreight operations.

Matt Day | Bloomberg News
March 8, 2021
Business, Fuel

Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade

Workhorse Group Inc. rose after a U.S. lawmaker raised questions about a $54.2 million late-day block trade in competitor Oshkosh Corp. on the eve of a blockbuster U.S. Postal Service contract award.

March 8, 2021