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.
Texas Instruments Wins $4.6 Billion in Grants, Loans
Texas Instruments is set to receive $1.6 billion in CHIPS Act grants and $3 billion in loans, marking the latest major award from a program designed to boost semiconductor manufacturing.
USDA Seeks Easier Rules for Crops to be Used in Green Fuels
The U.S. Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack.
Rivian Pauses Output of Amazon’s Electric Delivery Van
Rivian Automotive Inc. has paused production of the electric commercial van it makes for Amazon.com Inc. due to a parts shortage in the latest supply chain snafu for the EV maker.
Labor Minister Not Intervening in Canada Rail Dispute
The Canadian government has denied an arbitration request by Canadian National Railway Co., increasing the likelihood of a nationwide work stoppage by thousands of its unionized workers.
Kroger Doubles Price Cut to $1 Billion Post-Albertsons Merger
Kroger Co. has pledged to cut grocery prices by $1 billion, doubling its initial promise, as it seeks to win regulatory approval for its $25 billion merger with Albertsons Cos.
New Overweight Hauling Law Helps Wisconsin Cheesemakers
Wisconsin cheesemakers and the state’s trucking association are applauding the passage of a new law that boosts hauling capacity for dairy farmers.
How to Reduce Risk Ahead of the 2027 Truck Emission Changes
Program Aired: August 15, 2 p.m. ET Find out how you can take the risk out of the anticipated truck pre-buy ahead of 2027. Transport Enterprise Leasing’s Jacob Brazier, vice president of fleet leasing, and Aaron Thompson, vice president of asset management, join TT’s Seth Clevenger for a special interview on creating success strategies for trucking companies amid the shift to cleaner truck technologies.
August 15, 2024Watch: Class 8 Truck Sales End Nearly a Year of Declines
U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.
August 15, 2024Toll Rates Climb on Three Indiana-Kentucky Bridges
Tolling rates rose recently on three bridges connecting Louisville, Ky., and southern Indiana as part of an annual adjustment.
Pennsylvania Transportation Plan Includes $88 Billion
The Pennsylvania State Transportation Commission on Aug. 14 adopted the 2025 12-Year Transportation Program.