Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.
February 1, 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.
Construction Spending Up 1% in December, Led by Housing
WASHINGTON — U.S. construction spending rose a moderate 1% in December as the number of new homes offset a sustained weakness in nonresidential construction.
February 1, 2021Mack Trucks Names New Regional Vice Presidents
Mack Trucks appointed Zach Bourn regional vice president of the U.S. western region and Jeff Oldham regional vice president of the U.S. central region.Â
February 1, 2021DTNA Finish First to Expand to East Coast
Daimler Trucks North America and Universal Technical Institute are expanding DTNA Finish First to UTI’s Orlando campus in summer 2021.
February 1, 2021Factories Grow at Slower Pace in January
SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.
February 1, 2021Battery Maker Microvast Agrees to Merger With Tuscan SPAC
Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.
February 1, 2021Intermodal Council Scores Win in Latest Round of Ongoing Case Against Ocean Carriers
The Federal Maritime Commission judge overseeing the $1.8 billion case between the Intermodal Motor Carriers Conference of American Trucking Associations and the Ocean Carriers Equipment Management Association has rejected OCEMA’s appeal to have the case stayed.
February 1, 2021Daseke Net Income Climbs Despite Revenue Decline
Daseke Inc. saw its fourth-quarter results swing to a profit from a year-ago loss, even as revenue declined.
January 29, 2021Ryder Expands Truck, Trailer Sharing Service
Ryder System Inc. expanded its truck ride-sharing program into California, Tennessee and North Carolina, the company announced Jan. 27.
January 29, 2021Biden Revokes Oil Drilling Permits for Additional Review
The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.
January 29, 2021Trending
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