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.

BusinessTechnology

Chatbots Reshaping the Way Businesses Connect With Customers

There’s no doubt that recent circumstances surrounding COVID-­19 have reshaped the way businesses operate and connect with their customers daily.

September 25, 2020
GovernmentBusinessSafety

FMCSA Denies Ohio Safety Agency’s Petition for Veteran Driver Exemptions

The Federal Motor Carrier Safety Administration has denied the Ohio Department of Public Safety’s request for an exemption to modify the mandatory skills test requirements for drivers with military experience.

September 25, 2020
BusinessTechnologySafety

Staying Ahead of COVID-19

Trucking companies are turning to new software applications to help mitigate employees’ fears about contracting COVID-19 while on the job.

September 25, 2020
GovernmentBusinessEquipment

Durable Goods Orders Slow While Business Investment Remains Sturdy

U.S. orders for durable goods increased in August at a slower pace than expected, restrained by declines in bookings for motor vehicles and military equipment, though a gauge of business investment rose more than forecast.

September 25, 2020
GovernmentBusinessLogistics

DeJoy Tells Judge Mail-Sorting Machines Can’t Be Reassembled

Postmaster General Louis DeJoy told a judge the U.S. Postal Service can’t reassemble the hundreds of high speed mail-sorting machines that were taken apart this year, a project that more than a dozen states allege was intended to undermine the upcoming election.

September 24, 2020
BusinessEquipment

Dealers Jumping Back Into Used Class 8 Market

The Class 8 used truck market in August reflected the trend toward improving sales as prices remained below year-earlier levels, conditions that are expected to mark the full year, ACT Research reported.

September 24, 2020
GovernmentBusiness

Fed’s Bullard Says ‘Full Recovery’ for US in Reach by Year End

Federal Reserve Bank of St. Louis President James Bullard, in the most upbeat comments by a central banker since the start of the COVID-19 outbreak, said the U.S. economy may surge at a 35% annualized rate in the third quarter and the nation may be close to a complete recovery by year-end.

September 24, 2020
BusinessTechnologySafety

Truck Driver Training Programs Overcome COVID Risks

As the coronavirus gripped the nation, companies across the trucking industry were forced to alter their operations while confronting the pandemic. For some, that included driver training and orientation.

September 24, 2020
GovernmentBusiness

Mnuchin Expects to Resume Talks With Pelosi on New Stimulus

Treasury Secretary Steven Mnuchin plans to resume talks with House Speaker Nancy Pelosi to work on a compromise for a new round of stimulus for the U.S. economy, according to a person familiar with the plans.

September 24, 2020
GovernmentBusinessTechnologySafetyLogistics

Purge of Chinese Technologies Confusing, Rushed, Costly, Trucking Groups Say

Trucking industry groups said the rule requiring carriers to locate and purge technology made by five Chinese companies is confusing and doesn't give them time to complete their searches.

September 24, 2020