A unit of truck stop chain Pilot Co., which is partly owned by Warren Buffett’s Berkshire Hathaway Inc., is buying an ethanol plant just as the beleaguered industry may be turning around.
January 28, 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.
Economy Grows 4%; Transportation Services See Small Drop
The U.S. economy downshifted in the final three months of 2020 after record third-quarter growth, as the pandemic battered the labor market and limited Americans’ ability and willingness to spend.
January 28, 2021Jobless Claims Fall by More Than Expected
Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December and early January.
January 28, 2021AV Holds Promise, But Lacks ‘Go Anywhere’ Ability, Panelists Say
Experts advised people to manage their expectations of automated vehicles for their traveling capabilities.
January 28, 2021Biden Directs Agencies to Address Climate Change
New directives approved by President Joe Biden in response to climate change set in motion an extensive environmental agenda throughout federal agencies while rolling back Trump-era guidance on permitting.
January 28, 2021Tesla Disappoints Wall Street With First Results as a Blue Chip
Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle — but more in tune with the S&P 500 heavyweight it has become.
January 27, 2021Tutorials, Updated Datasets Among Upgrades Planned for FHWA Bridge Portal
The Federal Highway Administration will introduce tutorial videos, fix bugs and update datasets as part of a series of enhancements to its web portal that offers a wealth of data on bridges.
January 27, 2021NFI Icon Bernard Brown Dies at 96
Bernard Brown, the visionary behind National Freight Inc., one of the oldest trucking companies in the U.S., died Jan. 21 at his home in Palm Beach Gardens, Fla.
January 27, 2021Canadian National Reports Strong Q4 Earnings
Canadian National Railway reported healthy fourth-quarter income and revenue.
January 27, 2021Biden Signs Ambitious Climate Change Orders
WASHINGTON — In the most ambitious U.S. effort to stave off the worst effects of climate change, President Joe Biden issued executive orders Jan. 27 to cut oil, gas and coal emissions and double energy production from offshore wind turbines.
January 27, 2021