Trucking Business News

About 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.

Business

VW Seeks Damages From Former Execs for Diesel Scandal

BERLIN — Volkswagen is seeking damages from two former top executives for their role in the diesel emissions scandal that cost the German automaker billions of euros and a hefty dent in its reputation.

March 26, 2021
Business

Truckstop.com Acquires Automated Onboarding Service RMIS

Truckstop.com has acquired the automated onboarding and monitoring provider Registry Monitoring Insurance Services, the load board operator announced March 22.

March 26, 2021
GovernmentBusiness

Consumer Sentiment Climbs as Virus Restrictions Ease

Consumer sentiment continued to improve in late March to a one-year high as more Americans got coronavirus vaccinations and business restrictions eased in many states.

March 26, 2021
GovernmentBusinessSafetyLogistics

NYC-N.J. Tunnel Plan Has ‘Sense of Urgency,’ Buttigieg Says

The Biden administration is prioritizing the Gateway rail tunnel project between New York City and New Jersey with urgency because of its “national significance†to the economy, Transportation Secretary Pete Buttigieg told lawmakers.

March 26, 2021
GovernmentBusinessSafetyLogistics

Blocked Suez Canal Compounds Stress to Supply Chains

Dislodging the container vessel blocking the Suez Canal will take until at least March 31, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.

March 26, 2021
BusinessSafetyTop 100

Carriers Provide Resources to Help Drivers Get Vaccinated

Trucking companies are taking steps to help ensure their drivers, and support staff, can get the coronavirus vaccine in a bid to minimize workplace disruptions.

March 26, 2021
GovernmentBusiness

Senate Extends PPP Deadline by Two Months

WASHINGTON — The Senate on March 25 passed a bill to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program, giving applicants two more months to apply for federal aid. The vote was 92-7.

March 25, 2021
GovernmentBusiness

Secretary Buttigieg Promotes Transformative Infrastructure Plan

The Biden administration is ready to engage with Congress to improve the flow of freight and commuters by modernizing the country’s mobility networks, the nation’s top transportation official told a U.S. House panel March 25.

March 25, 2021
GovernmentBusinessLogistics

Infrastructure Plan Coming March 31, Biden Says

President Joe Biden said he will unveil his long-term economic rejuvenation plan March 31, promising a new “paradigm†for the middle class and a major ramp-up in investment and infrastructure spending that will strengthen the U.S. position against China.

March 25, 2021
GovernmentBusiness

Mississippi Transportation Commission Issues 11 Contract Awards

The Mississippi Transportation Commission recently awarded contracts for 11 infrastructure projects throughout the state.

March 25, 2021