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August 4, 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.
TravelCenters of America Lifts Results With Operating Improvements
TravelCenters of America Inc. reported gains in net income and revenue in the second quarter as a result of operating improvements across nearly all business lines.
August 4, 2021Senators Try to Sell $1 Trillion Infrastructure Plan to Public
WASHINGTON — The senators who spent months stitching together a nearly $1 trillion infrastructure package are now trying to sell it to the American people before a key vote expected this week that would push a long recognized national priority much closer to the finish line, after years of talk.
August 4, 2021Despite Chip Shortage, GM Posts $2.8 Billion Profit
DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.
August 4, 2021Nikola's Financial Loss Widens in Second Quarter
Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.
August 3, 2021Buttigieg Has Final Say Over $105 Billion in Infrastructure Grants
WASHINGTON — At least $274 billion of the bipartisan Senate infrastructure bill’s $550 billion in new spending would go toward transportation — and it also would give Transportation Secretary Pete Buttigieg the final say over about $105 billion of that $274 billion, according to one transportation analyst.
August 3, 2021Cummins Posts Strong Q2 Results
Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.
August 3, 2021Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
August 3, 2021Former Roadrunner Executive Convicted in Financial Case
A federal jury has convicted the former chief financial officer of Roadrunner Transportation Systems Inc. on four counts of violating federal securities laws for his role in a complex securities and accounting fraud.
August 3, 2021Isaac Instruments Selects Mike Stapleton for VP Position
Isaac Instruments announced July 26 that Mike Stapleton has been appointed to serve as vice president of industry relations.
August 3, 2021Trending
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