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

Fleets Make Strides Toward Diversifying Workforce, Panelists Say

Identifying diversity and helping it grow throughout the trucking industry was the main focus in an Oct. 26 virtual panel discussion during American Trucking Associations’ Management Conference & Exhibition.

October 27, 2020
BusinessTechnologyEquipment

Cummins Sees Q3 Profit, Income Decline

Cummins Inc. reported lower net income and revenue in the third quarter, mirroring in part the drop in truck production.

October 27, 2020
BusinessTechnologyAutonomousTCA

Ford Doubles Down on Testing Autonomous Cars in Miami-Dade

After landing in Miami-Dade in 2018 with a fleet of self-driving cars, Ford announced Oct. 26 that it plans to broaden its presence in the area as it explores the frontiers of autonomous vehicles.

October 27, 2020
Business

Three Concerns for Trucking’s Workforce Development

RoadSigns produced a special series of podcasts on workforce development in which Transport Topics explored various ways to obtain and strengthen the talents and attributes of employees. Here are some of the issues the leaders of the industry discussed with us.

October 27, 2020
GovernmentBusinessSafety

Florida Program Encourages Truckers to Fight Human Trafficking

Florida officials recently launched the Highway Heroes campaign, which aims to involve truck drivers in the fight to end human trafficking.

October 27, 2020
BusinessEquipment

September Factory Orders Up 1.9%

Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.

October 27, 2020
BusinessTechnologySafety

Lytx Technology Allows Driver Monitoring Without Recording Video

Video telematics company Lytx has introduced a new series of services ranging from improved driver monitoring to optional in-cab video recordings.

October 27, 2020
GovernmentBusinessSafety

Hurricane Warning for New Orleans as Zeta Swirls Over Mexico

Storm-weary Louisiana is once again under a hurricane warning, with Zeta leaving Mexico’s Yucatan Peninsula on a path that could hit New Orleans the night of Oct. 28.

October 27, 2020
GovernmentBusiness

Stimulus Hope on Hold Until After Election as Senate Leaves

U.S. senators departed the Capitol for a pre-election break Oct. 26, making the logistics for passing a fiscal stimulus package by Nov. 3 practically impossible, leaving the economy more vulnerable to damage from a resurgent coronavirus pandemic.

October 27, 2020
BusinessTop 100

Covenant Logistics Reports Mixed Results for Q3

Covenant Logistics Group reported increased earnings on lower income during the third quarter, the carrier reported Oct. 26.

October 27, 2020