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.
Stanadyne has acquired Pure Power Technologies Inc., a manufacturer of diesel fuel injectors and turbochargers headquartered in Columbia, S.C.
April 12, 2019
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.
April 12, 2019
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.
April 12, 2019
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.
April 12, 2019
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.
April 12, 2019Bridgestone 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
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.
April 12, 2019
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.
April 12, 2019
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.
April 12, 2019The 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.
April 11, 2019