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.

BusinessSafetyPerspective

Perspective: Keeping the Industry Moving

The year 2020 has been one of endless challenges, even though it began with tremendous optimism that portended a year of record growth for the trucking industry.

October 26, 2020
BusinessTechnologyFuelAutonomous

Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person

Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.

October 26, 2020
GovernmentBusinessTechnologySafety

FHWA Awards $6.5 Million for State Highway Innovation Projects

Seven states and the Pawnee Nation of Oklahoma have been awarded funding through the Federal Highway Administration’s Accelerated Innovation Deployment Demonstration program.

October 26, 2020
BusinessSafety

Driver Whose Truck Entered Crowded Protest Faces Charges

A Minnesota tank truck driver is facing charges in a case where his truck entered a stretch of road that had not been closed to traffic amid a demonstration against Minneapolis police in the wake of the death of George Floyd.

October 26, 2020
GovernmentBusinessFuel

Oil Slumps Below $39 on Surging Virus and Libya Restart

Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.

October 26, 2020
BusinessTechnologyEquipment

Rush Records Lower Profit on Reduced Revenue

Truck dealership Rush Enterprises posted lower net income and revenue as it forecast a gradual recovery from the effects of the COVID-19 pandemic.

October 26, 2020
BusinessTechnology

Trucking’s Digital Transformation Is Unlocking Next Level of Efficiency

The digital transformation of the commercial transportation industry is setting the stage for further innovation that promises to unlock new levels of freight efficiency, technology executives said.

October 26, 2020
GovernmentBusinessSafety

FMCSA Endures Busy, Challenging Year, Agency’s Top Official Says

It’s been a busy but productive year for FMCSA officials, Deputy Administrator Wiley Deck said Oct. 23 during American Trucking Associations’ Management Conference & Exhibition.

October 23, 2020
BusinessTechnology

Teleo Capital Completes Acquisition of Rand McNally

Rand McNally announced its acquisition by private equity firm Teleo Capital is completed, and that Teleo named Joseph Roark chairman of the 164-year-old company.

October 23, 2020
BusinessTechnologySafety

Driver Coaching Takes Personal Touch, Positivity, Panelists Say

Coaching programs should be geared to the drivers who are receiving training, according to panelists at American Trucking Associations’ Management Conference & Exhibition.

October 23, 2020