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.

BusinessLogistics

Amazon Delays Hike in Merchant Fees Until June 2021

Amazon .com Inc. says it will delay raising fees it charges independent sellers to store and ship items until June, a gesture to merchants who have sometimes bristled at the rising costs of doing business with the company.

December 22, 2020
GovernmentBusinessLogistics

Hundreds of Truck Drivers Stranded in Britain Due to Coronavirus Restrictions

Hundreds of stranded truck drivers hoped to get the green light to leave Britain on Dec. 22 as the country found itself increasingly isolated and its trade bottled up, cut off by neighbors afraid of a new strain of the coronavirus circulating in England.

December 22, 2020
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Maryland Framework Offers Connected, Automated Vehicle Guide

With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.

December 22, 2020
BusinessTechnologyAutonomous

Lidar Makers Jump After Report on Apple’s Autonomous Car Plans

Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.

December 22, 2020
BusinessLogisticsBreaking News

ATA Truck Tonnage Index Slides 3.8% in November

Truck tonnage in November declined a seasonally adjusted 3.8%, marking the eighth consecutive month of year-over-year declines, American Trucking Associations said Dec. 22. However, the ATA For-Hire Truck Tonnage Index increased 3.7% in November after falling 5% in October when measured month-to-month.

December 22, 2020
BusinessEquipment

Rush Enterprises Crowns Grand Champion for Virtual Tech Skills Rodeo

Medium-duty technician Travis Graham from Rush Truck Center of Orlando, Fla., took home the grand prize at this year's Rush Enterprises Tech Skills Rodeo.

December 22, 2020
BusinessTechnologyAutonomous

Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

December 22, 2020
GovernmentBusinessLogistics

Bottlenecks Wear Down World Economy’s Fleet of Containerships

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

December 22, 2020
GovernmentBusiness

Congress OKs COVID Relief, Government Funding Package

WASHINGTON — Congress passed a $900 billion pandemic relief package Dec. 21 that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.

December 21, 2020
GovernmentBusinessFuel

Diesel Jumps 6¢ Per Gallon to Nine-Month High

The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.

December 21, 2020