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

FAA Clears Boeing 737 Max to Fly Again

After nearly two years and a pair of deadly crashes, the U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for flight.

November 18, 2020
BusinessEquipment

Navistar Announces Next-Generation HX Severe-Service Model

Navistar announced the next generation of its heavy-duty HX International Truck vocational model, principally designed for the construction segment.

November 17, 2020
GovernmentBusinessLogistics

Logistics Community Optimistic About Distribution of COVID-19 Vaccines

With optimism building that two COVID-19 vaccines could be available by year’s end, supply chain experts are outlining steps and discussing challenges that lie ahead for those in charge of transporting the anxiously awaited medicine.

November 17, 2020
GovernmentBusinessLogistics

UN Recruits UPS, FedEx, Dozens of Others to Deliver Vaccine to World’s Poor

United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the world’s poorest nations.

November 17, 2020
BusinessTechnologySafety

Mitigating Risk with CVSA Executive Director Collin Mooney

Accident risk lessened as the pandemic eased highway traffic this year. Fleets, however, remain subject to increased litigation and nuclear verdicts. Experts suggest that the wider adaption of advanced technology - including onboard safety systems, in-cab video, and telematics - could not only improve safety but also preserve relevant information in the case of an accident.

November 17, 2020
BusinessLogistics

Maersk Raises Guidance for Second Time in as Many Months

A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping company enjoys stronger demand than originally projected amid the COVID crisis.

November 17, 2020
GovernmentBusinessTechnologyFuel

Tesla, Utility Giants Form ZETA, Calling for 100% EV Adoption by 2030

Tesla Inc. is joining rideshare company Uber Technologies Inc., Lordstown Motors, Rivian and others to lobby for 100% electric-vehicle adoption by 2030.

November 17, 2020
BusinessLogistics

COVID-19 Has Changed Shopping for Good, Retail Giants Predict

The consumer behaviors that accelerated at the start of the virus — think digital ordering, bulkier baskets and no margin for error when it comes to delivery — are showing zero signs of abating eight months in.

November 17, 2020
BusinessEquipmentFuel

Meritor Reports Lower Profit, Revenue; Transition Plan Announced

Meritor reported lower fiscal fourth-quarter net income and revenue. The company also announced President and CEO Jay Craig will transition to executive chairman of the board of directors Feb. 28.

November 17, 2020
GovernmentBusinessSafety

FAA Sets Boeing’s 737 Max Approval for Nov. 18

U.S. regulators plan on Nov. 18 to unveil the long-awaited final requirements for allowing Boeing Co.’s grounded 737 Max to return to service after 20 months, according to a person briefed on the plans.

November 17, 2020