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

Trucking Jobs Gain in December Outweighed by Wider Labor Trouble

The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.

January 8, 2021
BusinessTechnologyFuel

New Geotab Division Helps Utilities Support EV Adoption

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

January 7, 2021
GovernmentBusiness

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

January 7, 2021
BusinessEquipmentSafety

December Class 8 Orders Fourth-Best Ever

North American Class 8 orders in December notched the fourth-highest volume ever as they surpassed 50,000 for the second consecutive month, according to ACT Research citing truck makers’ initial data.

January 7, 2021
GovernmentBusinessSafety

Top Senate Democrats Hopeful About Infrastructure Agenda Amid Political Turmoil

Lawmakers are working to shift attention from the contentious battle for the White House to legislative issues now that Congress has certified President-elect Joe Biden’s electoral college victory, and the outcomes of two Senate runoff elections in Georgia have been settled in Democrats’ favor.

January 7, 2021
GovernmentBusiness

Retrial of Former Pilot President Mark Hazelwood Is Likely, Attorney Says

Retrial of former Pilot Flying J President Mark Hazelwood, convicted of cheating truckers out of diesel fuel rebates, now appears likely, according to Hazelwood’s lead attorney.

January 7, 2021
GovernmentBusiness

Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says

President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.

January 7, 2021
BusinessTechnologyAutonomous

Tesla’s Elon Musk Now World’s Richest Person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

January 7, 2021
GovernmentBusiness

Initial Jobless Claims Remain Elevated Heading Into 2021

Applications for U.S. state unemployment benefits were little changed at elevated levels in the final week of 2020, indicating the labor market remains battered with the pandemic dragging on.

January 7, 2021
GovernmentBusiness

US Trade Gap Widened to Second Biggest on Record in November

The U.S. trade deficit widened to the second largest on record in November as merchandise imports reached a more than one-year high in the midst of the holiday shopping season, causing the shortfall in goods to climb to the highest yet.

January 7, 2021

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