Continental, one of the largest automotive suppliers and tire manufacturers in the world, has launched the first products in its second generation of General Tire commercial tires.
March 22, 2022Trucking 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.
EV Battery Maker LG to Expand in Michigan
LANSING, Mich. — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced March 22.
March 22, 2022Canadian Pacific Reaches Deal With Union to End Stoppage
Canadian Pacific Railway said it will resume normal operations after it agreed to work with an arbitrator on a contract for 3,000 workers, ending a two-day work stoppage.
March 22, 2022A. Duie Pyle to Open Three Locations in Virginia
A. Duie Pyle is opening three new facilities as part of an effort to expand its services into Virginia, the company announced March 15.
March 22, 2022Truck Tonnage Up 2.4% Year-Over-Year in February
Truck tonnage in February increased 2.4% compared with the same month a year ago, and American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Index equaled 115.3, the federation announced March 22.
March 22, 2022Iowa Towns Negotiate With Canadian Pacific Over Train Traffic
Cities along the Mississippi River and Canadian Pacific officials are talking about ways to measure and address the impact of its proposed merger with Kansas City Southern. The consolidation could triple the train traffic in the Iowa Quad-Cities.
March 22, 2022Locomation, Christenson Partner on Automated Truck Deployment
LAS VEGAS — Automated truck developer Locomation has signed an eight-year agreement with Christenson Transportation to deploy its human-guided autonomous convoy technology.
March 22, 2022Tesla ‘Gigafactory’ Opens in Germany
BERLIN — Electric car manufacturer Tesla is opening its first European factory March 22 on the outskirts of Berlin in an effort to challenge German automakers on their home turf.
March 22, 2022DOT to Give $10 Million to Help Disadvantaged Businesses Compete for Highway Funds
The U.S. Department of Transportation announced $10 million in funding for minority- and women-owned businesses to help them compete for federal highway contracts from the forthcoming $1.2 trillion in infrastructure investments.
March 22, 2022Markets Point Higher After Tough Inflation Talk From Fed
NEW YORK — Wall Street pointed toward a higher open on March 22, one day after Chairman Jerome Powell said the Federal Reserve was prepared to raise its benchmark short-term interest rate by a half-point multiple times, if necessary, to battle inflation.
March 22, 2022Trending
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