General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models.
October 20, 2020Trucking 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.
Oil Slips With Renewed Virus Restrictions Sapping Rebound
Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand.
October 20, 2020Paccar Q3 Net Income, Revenue Fall Amid Signs of Rebound
Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results.
October 20, 2020RK Logistics Accelerates Silicon Valley Expansion Plans
RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19.
October 20, 2020Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote
After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Oct. 20 is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day.
October 20, 2020Average Diesel Price Declines for Sixth Time in Seven Weeks
The national average price of diesel decreased seven-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 19. The fall is the sixth drop in the past seven weeks.
October 19, 2020Trucking Industry Touts Susan Collins’ Record in US Senate
Freight industry stakeholders in Maine and around the country are emphasizing Sen. Susan Collins’ contributions to the transportation community.
October 19, 2020US Air Passengers Exceed 1 Million for First Time Since March
The virus-ravaged airline industry reached a milestone Oct. 18, carrying more than 1 million passengers for the first time in seven months.
October 19, 2020TIA Appoints Anne Reinke to President, CEO Posts
Transportation Intermediaries Association has named Anne Reinke president and CEO, it was announced Oct. 16.
October 19, 2020Congressional Policymakers Propose Infrastructure Resilience Review Board
A seven-member independent board would recommend ways local governments could strengthen their resilience to severe weather events as part of legislation congressional policymakers unveiled this month.
October 19, 2020Trending
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