Whole Foods Market on Sept. 1 opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles.
September 1, 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.
Illinois DOT Projects Aim to Bolster Peoria
Leading Illinois officials recently announced that a slew of infrastructure projects is underway in the Peoria area, which is an important hub for the manufacturing industry.
September 1, 2020Global Trade Seen Rebounding Faster Now Than Post-2008 Recession
Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy.
September 1, 2020Shale Loses Another Global Giant After Schlumberger’s Frack Sale
Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.
September 1, 2020Proposed Hair Testing Rule Forwarded to Federal Register
A proposed rule authorizing the use of hair samples to test truck drivers and other federal workers has been forwarded to the Federal Register for publication soon, the chairman of a federal drug testing advisory board said Sept. 1.
September 1, 2020Manufacturing Expands at Fastest Pace Since Late 2018
U.S. manufacturing expanded in August at the fastest pace since late 2018, powered by growth in new orders that are a bright spot in an otherwise struggling economy.
September 1, 2020Robert Mercer, Former Goodyear CEO, Dies at 96
Robert E. Mercer, a former chairman and CEO of the Goodyear Tire & Rubber Co., died Aug. 28 at the age of 96.
September 1, 2020Walmart’s Challenger to Amazon Prime Will Launch Sept. 15
Walmart Inc.’s answer to Amazon Prime finally has a launch date.
September 1, 2020Tesla to Sell up to $5 Billion of Shares After Stock Surge
Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.
September 1, 2020Diesel Jumps 1.5¢ After Hurricane Laura Ravages Gulf Region
The price of diesel jumped by 1.5 cents nationwide to $2.441 a gallon, the Energy Information Administration reported Aug. 31, as much of the nation’s oil exploration and refining capacity was shut down because of two severe-weather events.
August 31, 2020