Earthstone Energy Inc. agreed to buy closely held oil and gas producer Bighorn Permian Resources for $860 million.
January 31, 2022Trucking 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.
What Does a Poor Bridge Rating Mean?
A 50-year-old bridge that collapsed in Pittsburgh had been rated as poor on a recent inspection report, but transportation officials and engineering experts cautioned that doesnāt necessarily signal imminent danger for the thousands of other U.S. bridges with the same designation.
January 31, 2022Ohio Lured Intelās Chip Plant With $2B in Incentives
COLUMBUS, Ohio ā Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.
January 28, 2022Carrier Partners With ConMet to Expand Electrification Capabilities
Carrier Global Corp. is expanding its electrification capabilities through a new alliance with ConMet, the company announced Jan. 28.
January 28, 2022Biden Visits Collapsed Bridge, Touts Infrastructure Needs
PITTSBURGH ā Arriving just hours after a serious bridge collapse, President Joe Biden stared into the cratered muddy earth where the aging span fell early Jan. 28, striking evidence supporting the $1 trillion infrastructure law he already had planned to tout on his trip here.
January 28, 2022āTens of Millionsā of COVID Tests Are in the Mail
About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and ātens of millionsā of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.
January 28, 2022Tenney Group Predicts More Acquisitions in Year Ahead
Acquisition advisory firm Tenney Group predicts more trucking acquisitions will occur in the year ahead, continuing the robust market trend from 2021.
January 28, 2022Volvo Reports Mixed Q4 Results
Volvo Group reported net income slipped and revenue increased modestly in the fourth quarter, and noted that global demand for trucks remained high amid a steep decline in sales of construction equipment in China and a falloff in its bus business.
January 28, 2022Canadian Pacific Says Weather, KCS Merger Affected Q4 Results
Severe winter weather along part of its network and increased costs with the proposed merger of Canadian Pacific Railway with Kansas City Southern impacted fourth-quarter financial results.
January 28, 2022TMC Eyes Automated Driving Systems With New Recommended Practices
TMC has āturned a hat trickā in pursuing three goals for its development of prospective Recommended Practices (RPs) covering automated vehicles.
January 28, 2022Trending
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