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.

BusinessFuel

Oil Rises on Signs US Crude Stockpiles Fell for a Sixth Week

Oil rose on signs a glut was easing with U.S. crude stockpiles shrinking for a sixth week.

September 2, 2020
GovernmentBusinessTechnologyLogistics

GM CEO Mary Barra to Meet With Ivanka Trump at Job Training Site

General Motors Co. CEO Mary Barra will meet Sept. 2 with President Donald Trump’s daughter and adviser, Ivanka Trump, who is scheduled to tour the automaker’s training center north of Detroit.

September 2, 2020
GovernmentBusinessSafetyBreaking News

Southeastern Motor Freight Files RICO Lawsuit in La. Staged Accidents Case

A New Orleans motor carrier has filed a federal Racketeer Influenced and Corrupt Organizations Act civil lawsuit against a New Orleans attorney and two convicted participants in a pair of staged accidents with tractor-trailers in 2017.

September 1, 2020
BusinessTechnologyLogistics

Amazon’s Whole Foods Opens Delivery-Only Facility in Brooklyn

Whole Foods Market on Sept. 1 opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles.

September 1, 2020
GovernmentBusiness

Illinois DOT Projects Aim to Bolster Peoria

Leading Illinois officials recently announced that a slew of infrastructure projects is underway in the Peoria area, which is an important hub for the manufacturing industry.

September 1, 2020
GovernmentBusinessLogistics

Global Trade Seen Rebounding Faster Now Than Post-2008 Recession

Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy.

September 1, 2020
BusinessEquipmentFuel

Shale Loses Another Global Giant After Schlumberger’s Frack Sale

Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.

September 1, 2020
GovernmentBusinessTechnologySafety

Proposed Hair Testing Rule Forwarded to Federal Register

A proposed rule authorizing the use of hair samples to test truck drivers and other federal workers has been forwarded to the Federal Register for publication soon, the chairman of a federal drug testing advisory board said Sept. 1.

September 1, 2020
GovernmentBusinessEquipmentLogistics

Manufacturing Expands at Fastest Pace Since Late 2018

U.S. manufacturing expanded in August at the fastest pace since late 2018, powered by growth in new orders that are a bright spot in an otherwise struggling economy.

September 1, 2020
BusinessEquipmentTCA

Robert Mercer, Former Goodyear CEO, Dies at 96

Robert E. Mercer, a former chairman and CEO of the Goodyear Tire & Rubber Co., died Aug. 28 at the age of 96.

September 1, 2020