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

Stanadyne Buys Pure Power Technologies

Stanadyne has acquired Pure Power Technologies Inc., a manufacturer of diesel fuel injectors and turbochargers headquartered in Columbia, S.C.

April 12, 2019
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Business, Technology

GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse

Truck Model of the Rivian pickup at the LA Auto Show. (Patrick T. Fallon/Bloomberg News)

Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.

David Welch | Bloomberg News
April 12, 2019
Business, Technology

Tesla Makes It Tougher to Buy Standard $35,000 Model 3

Tesla Tesla Model 3s being transported for delivery to customers. (Patrick T. Fallon/Bloomberg News)

Tesla Inc. announced a series of changes to its vehicle lineup and pricing, including making it tougher to buy its newly available entry-level $35,000 car.

Dana Hull | Bloomberg News
April 12, 2019
Government, Business

Consumer Sentiment Falls as Outlook for Economy Weakens

TT File Photo

U.S. consumer sentiment fell in April for the first time in three months, missing estimates, as the long-term economic outlook dropped to the lowest in more than a year and enthusiasm over tax cuts waned.

Reade Pickert | Bloomberg News
April 12, 2019
Government, Business

Speaker Nancy Pelosi Eyes as Much as $2 Trillion for Infrastructure

Nancy Pelosi House Speaker Nancy Pelosi says the White House plan for infrastructure that includes just $200 billion in federal dollars is inadequate and a "nonstarter." (J. Scott Applewhite/Associated Press)

WASHINGTON — On April 4, House Speaker Nancy Pelosi dialed up the president and requested a meeting. She talked to Donald Trump about working together on an infrastructure package.

Lisa Mascaro | Associated Press
April 12, 2019
Business, Technology, Equipment

Bridgestone Adds Ecopia Steer Tire

Bridgestone Americas Inc. announced the launch of its Bridgestone R284 Ecopia steer tire, which is designed for improved fuel economy, enhanced treadwear and is SmartWay-certified for low rolling resistance.

April 12, 2019
Government, Business

Road Builders Coalition Visits Washington in May to Push for Trust Fund Fix

Road construction near Las Vegas Road construction near Las Vegas. (Eleanor Lamb/Transport Topics)

The Transportation Construction Coalition of road builders and labor unions is scheduled to meet for its annual advocacy meeting in Washington next month to call for long-term funding for infrastructure projects nationwide.

Eugene Mulero | Staff Reporter
April 12, 2019
Business, Fuel

Chevron to Buy Anadarko in $33 Billion Bet on Permian Oil, LNG

Chevron Andrew Harrer/Bloomberg News

Chevron Corp. agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that adds U.S. shale oil and African liquefied natural gas and puts it in the top ranks of the world’s largest energy companies.

Bloomberg News
April 12, 2019
Business, Technology

Renovus Capital Partners Buys Majority Stake in KSM Consulting

KSM office KSM

Renovus Capital Partners, a Wayne, Pa.-based investment firm that holds stakes in nearly two dozen companies that provide education and training services, has acquired a majority interest in KSM Consulting in Indianapolis.

Daniel P. Bearth | Staff Writer
April 12, 2019
Government, Business, Technology, Equipment, Safety, Editorial

Editorial: Keeping Up With the ‘Hands’ of Time

The notion of being a “hands-on” worker still carries weight in professional circles. Increasingly, though, some of the things that once were decidedly “hands-on” are becoming much more “hands-off” thanks to the march of technological innovation.

Transport Topics
April 11, 2019

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