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.

GovernmentBusinessFuel

Diesel Rises 3.3¢ in Sixth Straight Increase

The average price of diesel increased by 3.3 cents a gallon nationwide to $2.559, according to weekly data released by the U.S. Energy Information Administration on Dec. 14. Still, trucking’s primary fuel costs 48.7 cents less than it did a year ago.

December 14, 2020
GovernmentBusinessSafety

Crunch Time for COVID-19 Relief as Bipartisan Bills Unveiled

WASHINGTON — A bipartisan group of lawmakers was unveiling a detailed COVID-19 aid proposal Dec. 14 as Congress labored toward a final agreement on a new round of virus relief.

December 14, 2020
GovernmentBusiness

Fed to Weigh Further Options for Aiding US Economy

WASHINGTON — The Federal Reserve’s policymakers face an unusual conundrum as they meet this week: a short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines

December 14, 2020
GovernmentBusinessTechnologyEquipmentFuel

New Toyota Fuel Cell System Close to Being Available to Class 8 Makers

Toyota Motor Corp. unveiled a second-generation fuel cell system that is nearing the point when it could be offered to heavy-duty truck builders looking to build hydrogen-powered tractors.

December 14, 2020
GovernmentBusiness

The Coronavirus Crisis

The spread of the coronavirus in the United States was having an impact on travel, business, the economy and many other aspects of American life. Here are some images of that impact. 

December 14, 2020
GovernmentBusinessLogistics

Federal Maritime Commission Worries About Delays at Ports

The leadership of the Federal Maritime Commission says it is becoming worried that ocean carriers may be assessing unfair detention and demurrage charges at the ports of Los Angeles and Long Beach, Calif., as well as the Port Authority of New York and New Jersey.

December 14, 2020
GovernmentBusinessSafety

Virginia Board Approves Six-Year Improvement Program for Transportation

The Commonwealth Transportation Board recently approved Virginia’s transportation improvement program, which aims to advance projects on schedule despite the financial ramifications of COVID-19.

December 14, 2020
BusinessEquipment

Strick Deepens Cooper Tires Partnership

Strick Trailers announced all of its trailers will be equipped with Cooper Tires PRO Series LHT Trailer tire beginning in 2021. The tire is part of Cooper’s line of fuel-efficient SmartWay verified tires and meets the Environmental Protection Agency’s greenhouse gas emissions requirements.

December 14, 2020
BusinessFuel

Exxon Announces New Emissions Targets After Investor Criticism

Exxon Mobil Corp. announced several new emissions targets and said it would begin publishing pollution information related to customers’ use of its products for the first time, just days after activist investors criticized the oil giant for its environmental record.

December 14, 2020
Business

UAW Agrees to Independent Monitor, Voting Changes After Corruption Probe

DETROIT — An independent monitor will watch the United Auto Workers’ finances and operations, and members will decide how they pick future leaders under a reform agreement with the U.S. Attorney’s office.

December 14, 2020