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, Autonomous

Tesla Posts First 2024 Quarterly Increase in Deliveries

Low-interest financing, sweet lease deals, price cuts and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker.

October 2, 2024
Government, Business, Safety

Helene Leaves Flooded Farms, Fouled Rivers, Dozens Dead

As historic floodwaters unleashed by Hurricane Helene recede across the Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope.

October 2, 2024
Business, Technology, Safety

Chip Firms Monitor Quartz Supplies After Hurricane Hits Mines

Global semiconductor makers are monitoring supplies of high-purity quartz, a material critical to the industry, after Hurricane Helene halted production at two North Carolina mines.

October 2, 2024
Government, Business, Technology

US Imposes Duties on Solar Imports From Southeast Asia

The determination marks an early victory for domestic panel makers who say cheap imports harm their operations and threaten investments meant to cultivate a U.S. solar supply chain.

Jennifer A. Dlouhy | Bloomberg News
October 1, 2024
Government, Business

Hurricane Devastates Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market.

Ilena Peng | Bloomberg News
October 1, 2024
Government, Business

Manufacturing Activity Contracts for a Sixth Straight Month

U.S. manufacturing activity shrank in September for a sixth month, reflecting weak orders and declining employment.

Vince Golle | Bloomberg News
October 1, 2024
Business, Fuel

Permian Gas Starts Flowing Via Matterhorn Pipeline in Texas

Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian Basin.

October 1, 2024
Government, Business, Technology, Logistics

Dockworkers Hit the Picket Lines

PHILADELPHIA — Dockworkers at ports from Maine to Texas began walking picket lines early Oct. 1 in a strike over wages and automation.

October 1, 2024
Government, Business, Equipment

Auto Sales Likely to Pick Up as Rates Fall

Sluggish car sales are expected to pick up later this year once the U.S. presidential election is over and the Fed’s recent reversal on interest rates starts to ease financing costs.

Keith Naughton | Bloomberg News
October 1, 2024
Business, Technology, Equipment

Traton Views Higher Margin on Electric Trucks, US Expansion

Traton SE is targeting slightly higher returns in the coming five years by expanding in North America and selling more higher-priced electric trucks.

Wilfried Eckl-Dorna | Bloomberg News
October 1, 2024