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.

GovernmentBusinessSafetyLogistics

Working Group Tackles COVID Food Supply Chain Disruptions

Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.

December 3, 2020
GovernmentBusinessSafety

Democrats Eye New COVID-19 Aid

Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks.

December 3, 2020
BusinessTechnology

Daimler Picks Bernd Pischetsrieder to Be Next Chairman

Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.

December 3, 2020
BusinessEquipment

Class 8 Orders Surge to Fourth-Highest Monthly Volume Ever

North American Class 8 orders reached 51,900 in November, according to ACT Research.

December 3, 2020
GovernmentBusinessTechnologySafety

Carriers, Law Enforcement Learning the Ropes for Hemp Transport

The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.

December 3, 2020
BusinessLogisticsTop 100

Carriers Face Compounded Demand This Holiday Season

The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.

December 3, 2020
GovernmentBusinessFuel

OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.

December 3, 2020
BusinessTop 100

Atlas Canada Names Fred Haladay President

Moving company Atlas Canada has named Fred Haladay to the post of president and chief operating officer.

December 3, 2020
BusinessTechnologyFuel

Elon Musk’s $139 Billion Fortune Leads Huge EV Wealth Gains

Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.

December 3, 2020
GovernmentBusiness

US Jobless Claims Drop, Offering Ray of Hope for Labor Market

Applications for U.S. state unemployment benefits fell by the most in almost two months, offering some hope that the gradual recovery in the job market will continue despite a spike in COVID-19 infections and renewed business restrictions.

December 3, 2020

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