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.
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, 2024Helene 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, 2024Chip 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, 2024US 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.
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.
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.
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.
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, 2024Auto 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.
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.