Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.
October 23, 2020Trucking 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.
Pelosi, Mnuchin Trade Blame as Stimulus Negotiations Stall
U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin Oct. 23 put the onus on each other to re-energize flagging stimulus talks as prospects for action on virus relief legislation before the election are fading fast.
October 23, 2020Traffic Eases Amid Pandemic, but Trucking Insurance Costs Still on Upward Trajectory
Reduced highway traffic during the ongoing COVID-19 crisis has lowered the risk of crashes, but this silver lining of the pandemic has provided only a temporary reprieve for trucking companies that have seen escalating insurance costs in recent years.
October 23, 2020Startup Harnesses Data, Telematics in New Insurance Model for Fleets
High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets.
October 23, 2020Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid
Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid.
October 23, 2020EV Mania Turns Battery Makers Into Power Brokers
Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.
October 23, 2020Roehl Works With Former Drivers Through Relaunch Program
Roehl Transport unveiled a program Oct. 21 to add hundreds of jobs for former truck drivers who want to relaunch their careers.
October 23, 2020Whiting Systems Opens New Georgia Distribution Center
Whiting Systems opened a new distribution fulfillment center in Georgia, the company announced Oct. 21.
October 23, 2020Confronting COVID-19 in Workplace a Tall Task for Fleets
It takes a robust yet flexible plan from trucking companies to effectively build processes and procedures to curb the risks and spread of COVID-19 in the workplace.
October 23, 2020Rates Will Increase, But What Else Could 2021 Bring for Truck Insurance?
Year-over-year, motor carriers are having to pay more money for less coverage.
October 23, 2020Trending
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