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.

BusinessTechnology

Elon Musk’s Wealth Now Exceeds $100 Billion

Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.

August 26, 2020
GovernmentBusinessLogistics

Ports Say Business Beginning to Recover

The nation’s ports are seeing some improvement in business even as the U.S. economy continues to struggle amid the COVID-19 pandemic.

August 26, 2020
BusinessFuelTop 100

Walmart Cuts 230 Million Tons of Emissions, With Supplier Help

Walmart Inc. has cut 230 million metric tons of greenhouse gases out of its supply chain in the past three years, putting the world’s largest retailer on track to achieve its 2030 emissions goal.

August 26, 2020
BusinessTechnology

Tesla Touches $400 Billion After Latest Boost From Street

Wall Street’s optimistic view on Tesla Inc. further solidified Aug. 26 after a Jefferies analyst more than doubled his price target on the stock, saying the company will continue to broaden its competitive edge in multiple dimensions, including battery capacity and industrial efficiency.

August 26, 2020
BusinessEquipmentLogistics

Contract Rates Nearing Possible Jump Amid Rising Spot Prices

The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said.

August 26, 2020
GovernmentBusiness

White House Weighs Airline Job Support in Case Stimulus Fails

White House Chief of Staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs should Congress fail to provide assistance in a new round of stimulus.

August 26, 2020
BusinessLogisticsTop 100

Roadrunner Completes Strategic Transformation, Focuses on LTL Business

Roadrunner Transportation Systems said it consists solely of its less-than-truckload operations, having finished its multiyear restructuring plan earlier this year.

August 26, 2020
GovernmentBusinessTCA

Ohio Trucker Touts Trump’s Handling of Lordstown in RNC Video

CLEVELAND — Youngstown, Ohio, trucker Geno DiFabio received prime time billing at this week’s Republican National Convention, appearing in a video Aug. 25 with Vice President Mike Pence praising President Donald Trump’s handling of the Lordstown General Motors assembly plant closure.

August 26, 2020
BusinessEquipmentFuelLogisticsTop 50Top 100

Schneider to Test Freightliner eCascadia Through 2021

Schneider said it will test the Freightliner eCascadia through 2021 to address potential challenges to widespread use of commercial battery-electric vehicles.

August 26, 2020
GovernmentBusinessLogistics

USPS Fights State Demands for Evidence on Mailboxes, Machines

The Trump administration is pushing back on demands for evidence sought by 14 states that sued over operational changes at the U.S. Postal Service they say could hobble mail-in balloting ahead of November’s election.

August 26, 2020