U.S. business activity continues to downshift, with growth slowing to an eight-month low in August against a backdrop of materials shortages, a lack of labor and an upswing in coronavirus infections.
August 23, 2021Trucking 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.
Sensata Technologies Acquires Spear Power Systems
Sensata Technologies announced the acquisition of Spear Power Systems, which provides lithium-ion-based energy storage systems for land, sea and air applications.
August 23, 2021Hyundai Translead Picks TNT Sales for Missouri Branch of Dealer Network
Hyundai Translead has selected TNT Sales as its dealer for the state of Missouri.
August 23, 2021FleetPride Expands in Texas
FleetPride Inc. announced it acquired the assets of National Truck Repair of Longview, Texas.
August 23, 2021ADM, Marathon Partner on Renewable Diesel Venture
Marathon Petroleum Corp. and ADM announced plans to form a joint venture for the production of soybean oil to supply what they referred to as rapidly growing demand for renewable diesel fuel.
August 23, 2021GM Looking at LG to Pay for Battery Recall
The long-distance relationship between General Motors Co. and its battery partner, LG Energy Solution, is being tested like never before. At issue: who will pick up a roughly $1 billion tab for the recall of 73,000 Bolt EVs.
August 23, 2021Henri’s Remnants Hinder Cleanup, Threaten Inland Floods
The slow and sprawling storm system named Henri drenched much of the inland Northeast with rain Aug. 23, hampering cleanup efforts and threatening further flooding in areas with ground already saturated from a wet summer.
August 23, 2021Henri Blasts Ashore in New England
WESTERLY, R.I. — Tropical Storm Henri hit the coast of Rhode Island Aug. 22, packing high winds that knocked out power to tens of thousands of homes and bands of rain that led to flash flooding from New Jersey to Massachusetts.
August 22, 2021Evacuations Urged as Hurricane Henri Heads North
Preparations for a storm grew more urgent Aug. 21 as the newly upgraded Hurricane Henri closed in on the Northeast.
August 21, 2021Arizona DOT, Willcox Team for Freight Study
The Arizona Department of Transportation is conducting a study regarding freight movement in the city of Willcox.
August 20, 2021Trending
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