Old Dominion Freight Line Inc. announced updates for the third quarter.
September 4, 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.
Unemployment Rate Drops by More Than Expected to 8.4%
The U.S. labor-market rebound extended for a fourth month in August, offering hope that the economy can continue to recover despite a persistent pandemic and Washington’s standoff over further government aid to jobless Americans and small businesses.
September 4, 2020Circle Logistics Begins Posting Loads on NextLOAD
Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.
September 4, 2020FMCSA Pilot Would Allow Younger Drivers in Interstate Commerce
The Federal Motor Carrier Safety Administration has announced a proposal and request for comment on a new pilot program to allow drivers ages 18-20 to operate commercial motor vehicles in interstate commerce.
September 4, 2020Kentucky Officials Announce Funds for Industrial Access Roads
Kentucky officials recently announced funding will be directed to industrial access road infrastructure projects to promote economic development and the movement of freight.
September 4, 2020U.S. Xpress Names Matt Herndon President of Dedicated Unit
Truckload carrier U.S. Xpress Enterprises Inc. announced the appointment of Matt Herndon to president of dedicated services.
September 3, 2020Tech Rout Sends Stock Market to Biggest Loss Since June
Wall Street’s euphoria took a break Sept. 3, as steep losses in technology stocks dragged the rest of the market down with them.
September 3, 2020Mullen Group Acquires Remaining Shares of Pacific Coast Express Limited
Mullen Group has acquired the remaining shares of Pacific Coast Express Ltd., the company announced Sept. 1.
September 3, 2020DOT Releases National Freight Strategic Plan
U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.
September 3, 2020August Class 8 Orders Underscore Replacement Demand
North American Class 8 orders in August reached replacement levels as fleets found the freight market growing stronger despite the many uncertainties in society at large, ACT Research reported.
September 3, 2020Trending
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