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.

GovernmentBusinessSafety

FMCSA Proposes Revised Guidance on Yard Moves

The Federal Motor Carrier Safety Administration is proposing to revise regulatory guidance related to how truck drivers record yard moves as part of their hours of service.

January 4, 2021
Business

Rolling Strong Unveils App That Supports Driver Wellness

Rolling Strong launched a free version of its mobile app to support driver health and wellness, the company announced Jan. 4.

January 4, 2021
BusinessTechnologyAutonomous

Lidar Startup Aeva Adds $200 Million to SPAC Deal

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.

January 4, 2021
GovernmentBusinessLogistics

West and East Coast Ports Report Strong November Volume

The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts.

January 4, 2021
GovernmentBusiness

NHTSA Fines Daimler $10 Million Over Timing of Truck Recalls

Daimler Trucks North America will pay a $10 million fine and change how it recalls trucks after an investigation by federal safety regulators that found it did not recall vehicles in a timely fashion and comply with other reporting requirements.

December 31, 2020
GovernmentBusinessSafetyLogistics

Railroads Install Crash-Prevention System Ahead of US Deadline

U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.

December 29, 2020
GovernmentBusiness

McConnell Blocks Democrats’ Bid to Pass $2,000 Stimulus Checks

Senate Majority Leader Mitch McConnell on Dec. 29 blocked an attempt by Democrats to force quick action on increasing direct stimulus payments to $2,000 despite President Donald Trump’s demands for the change.

December 29, 2020
BusinessLogistics

Rail Cargo Posts First Gain in Two Years as Consumer Goods Surge

U.S. railroads are back, with freight volume posting the first quarterly gain in two years.

December 29, 2020
GovernmentBusiness

Fed Extends Main Street Program to Process Last Submitted Loans

The Federal Reserve has delayed the termination of the Main Street Lending Program to Jan. 8, from Dec. 31, to finish processing loans submitted by a Dec. 14 deadline to tap its funds.

December 29, 2020
GovernmentBusinessTechnologySafetyFuel

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020