Trucking Business News

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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.

GovernmentBusiness

US Layoffs Remain Elevated as 837,000 Seek Jobless Aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

October 1, 2020
BusinessTechnology

Tech Investments Prove Vital During Pandemic, McLeod Says

Trucking and logistics companies that have been investing in technology to improve their operations also have been well-positioned to handle the disruption caused by the ongoing coronavirus pandemic, McLeod Software’s CEO said.

October 1, 2020
GovernmentBusiness

Mnuchin Says There Is Still No Agreement on Fiscal Stimulus

U.S. Treasury Secretary Steven Mnuchin said there’s still no agreement on a fresh fiscal stimulus package after he met for about 90 minutes with House Speaker Nancy Pelosi.

September 30, 2020
Business

US Automakers Dig Out of Pandemic Hole as Prices Soar

Automakers are climbing out of the ditch they fell into this spring, with U.S. auto sales expected to rebound strongly in the third quarter thanks to cheap borrowing costs and a shift toward private transportation amid the pandemic.

September 30, 2020
GovernmentBusinessTechnologySafetyFuel

Biden Emphasizes Infrastructure Resilience, Electrification in Debate

Under his administration the highways of tomorrow would consist of thousands of charging stations for fleets of electric vehicles, former Vice President Joe Biden insisted during his first debate with incumbent President Donald Trump.

September 30, 2020
GovernmentBusinessSafety

Boeing Tempers Hoopla on Max’s Return After Crisis ‘Dug a Hole’

Boeing Co. is plotting a low-key comeback for the 737 Max, the grounded jetliner that has spent almost two years engulfed in controversy and tragedy after two fatal crashes, said people familiar with the matter.

September 30, 2020
BusinessTechnologyEquipmentFuelTop 100

Knight-Swift Sets Goal to Cut Emissions in Half by 2035

Knight-Swift Transportation Holdings Inc., North America’s largest truckload carrier, announced a goal to cut its carbon emissions in half by 2035.

September 30, 2020
GovernmentBusiness

Airlines Near 50,000 Job Cuts as American, United Feel Squeeze

U.S. airlines are preparing to lay off tens of thousands of workers starting Oct. 1 unless they get additional federal aid, sparking a plea from Treasury Secretary Steven Mnuchin to hold off on the cuts amid signs of progress in talks with Congress.

September 30, 2020
BusinessTechnologyAutonomous

TuSimple Hires Former FMCSA Official Jim Mullen

Jim Mullen, former acting administrator of the Federal Motor Carrier Safety Administration, has taken a position at TuSimple, a company that specializes in autonomous driving technology for trucks.

September 30, 2020
GovernmentBusiness

US Senate Advances Spending Bill to Avert Oct. 1 Shutdown

The Senate on Sept. 29 voted 82-6 to clear a procedural vote on the stopgap spending bill needed to prevent an Oct. 1 shutdown of the federal government.

September 30, 2020