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.

Government, Business, Technology, Equipment, Safety

Capitol Agenda for the Week of Dec. 10: Just in Time for the Holidays

Missouri Rep. Sam Graves Missouri Rep. Sam Graves (AAAEDelivers via YouTube)

Ahead of the Dec. 11 announcement of the next BUILD grant recipients, a few members of Congress have alerted the public about extra funds headed to their districts to help alleviate the cost of infrastructure projects.

Eugene Mulero | Staff Reporter
December 10, 2018

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 1 of our Season Intersession of RoadSigns, "How Does Congress Say Trucking," is now available. Check back here often as new content is always being added!

Transport Topics
October 22, 2018
Business, Technology, Fuel

Solar Power Installation by Trillium Prepares the Way for EV Charging

Bill Cashmareck Bill Cashmareck, managing director of Trillium, at the 2018 ACT Expo. (Trillium)

Trillium announced it has completed its first solar installation at the Love’s Travel Stop in Santa Nella, Calif., that is expected to offset 53% of the travel stop’s energy consumption and support an electric vehicle charging station there.

Roger Gilroy | Staff Reporter
December 10, 2018
Business, Equipment

Meritor Extends Relationship With Wabash

Meritor Inc. announced products that have been selected as standard position as well as preferred options on all Wabash National Corp. dry and refrigerated van trailer products. Meritor has been a supplier to Wabash for 30 years.

Transport Topics
December 10, 2018
Government, Business, Safety

ASCE Gives Montana Infrastructure a C

ASCE A train near Montana's Yellowstone River. (Jerry Huddleston/Flickr)

The American Society of Civil Engineers gave Montana a C for its overall infrastructure grade, a slight improvement from the C- the state earned on its last scorecard.

Eleanor Lamb | Staff Reporter
December 10, 2018
Business, Logistics

Geek+ Completes $150 Million Series B Funding Round

Geek+ logistics robot Geek+

Geek+, an artificial intelligence and robotics company, has closed a $150 million Series B financing round, according to a Nov. 21 press release. Global private equity firm Warburg Pincus led the round.

Transport Topics
December 10, 2018
Business

Construction Supply Group Acquires Three Companies

Construction Supply Group, a distributor of specialty construction materials, accessories and tools, has acquired All-Tex Supply, Masonpro Inc. and Titan Construction Supply. The additions will help to expand the company’s presence in the Texas, Oklahoma, Michigan and Nevada markets.

Transport Topics
December 10, 2018
Government, Business, Fuel

Louisiana Offshore Port Ships Most Oil Ever on Supertankers

Oil Rig An oil rig off the coast of Louisiana. (Luke Sharrett/Bloomberg News)

The Louisiana Offshore Oil Port is pushing out the most crude it’s shipped in any one month since the terminal began supertanker exports in February.

Sheela Tobben | Bloomberg News
December 10, 2018
Government, Business

Consumer Sentiment Tops Estimates While Outlook Slips

Shopper Jeenah Moon/Bloomberg News

U.S. consumer sentiment exceeded analyst estimates as low unemployment and growing incomes kept Americans in an upbeat mood, though the outlook soured amid concern that the labor market will soften.

Shobhana Chandra | Bloomberg News
December 10, 2018
Business, Technology, TCA

Elon Musk Says Tesla Might Be Interested in Buying GM Plants

Elon Musk Tesla CEO Elon Musk (Patrick T. Fallon/Bloomberg News)

Elon Musk is sizing up General Motors' recently idled plants. The tech billionaire said in an interview with CBS’ “60 Minutes” that it’s “possible that [Tesla] would be open” to taking over automakers’ old plants, including factories GM recently has slated for closure.

Alicia Secord | Detroit Free Press
December 10, 2018
Government, Business

Trump Signs Short-Term Funding Bill Averting Partial Shutdown

Government building Andrew Harrer/Bloomberg News

A funding extension to keep several federal agencies operating through Dec. 21 was signed into law by President Donald Trump, the White House announced Dec. 7.

Eugene Mulero | Staff Reporter
December 7, 2018

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