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, Logistics

Elion Adds Last-Mile Facility in South Florida

Elion Partners has acquired a 180,000-square-foot, last-mile industrial asset in Fort Lauderdale, Fla.

December 28, 2020
Government, Business, Safety, Logistics

Trucking Industry's Great Work in 2020 Will Pay Dividends in 2021, ATA’s Spear Says

The trucking industry’s response to the COVID-19 pandemic has brought with it a boost in public perception that will endure for years to come, American Trucking Associations President Chris Spear told Transport Topics.

Dan Ronan | Senior Reporter
December 28, 2020
Government, Business, Technology, Safety

Oregon Commission Approves $2.2 Billion for Transportation Improvement Program

The Oregon Transportation Commission approved an initial plan to invest approximately $2.2 billion in future projects through the Statewide Transportation Improvement Program.

Eleanor Lamb | Staff Reporter
December 28, 2020
Government, Business

Trump Signs Virus Relief, Government Spending Package

President Donald Trump signed a bill containing $900 billion in pandemic relief, backing down from last-minute demands that undercut his own negotiating team, risked a government shutdown and delayed widely supported economic aid as coronavirus cases continue to rise.

December 27, 2020
Government, Business, Safety, Logistics

Effect of COVID-19 on Trucking Monopolizes 2020 Top 10 Stories

Here are the 10 most-read stories on the Transports Topics website in 2020, based on Google Analytics. Unsurprisingly, COVID-19 dominated the headlines.

December 26, 2020
Government, Business

House GOP Foils Move on Trump’s $2,000 Checks

A surprise scuffle over pandemic relief is set to run up against a crucial federal funding deadline the week of Dec. 28 as Democrats side with President Donald Trump in his demand for $2,000 payments to most Americans and Republicans take up his criticism of government spending.

Billy House | Bloomberg News
December 24, 2020
Business, Equipment

Hino Halts Truck Production in North America Through September 2021

Hino Motors announced that issues with U.S.-required certification of several of its engines has led its board to pause truck production in North America until the end of September 2021.

Roger Gilroy | Senior Reporter
December 23, 2020
Government, Business

Pelosi Urges Trump to Press GOP to Back $2,000 Checks

House Speaker Nancy Pelosi pledged swift action on new legislation boosting stimulus payments for individuals to $2,000, urging Republicans to join Democrats in meeting a last-minute demand from President Donald Trump that threw a historic pandemic relief package into doubt.

December 23, 2020
Business, Technology, Logistics, Autonomous

Kodiak Robotics to Receive CES Award

Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.

Roger Gilroy | Senior Reporter
December 23, 2020
Government, Business

Orders for Big-Ticket Manufactured Goods Up 0.9% in November

Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain.

Martin Crutsinger | Associated Press
December 23, 2020