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.

GovernmentBusinessTechnologySafetyAutonomous

Minnesota, Missouri, Ohio, Wisconsin DOTs Win AASHTO Awards

Transportation projects in four Midwestern states recently received awards from the American Association of State Highway and Transportation Officials.

August 17, 2020
BusinessTechnologyFuelAutonomous

Tesla Extends Rally With Market Value Nearing Consumer Giant P&G

The relentless rally in Tesla Inc. shares has driven its valuation close to the consumer product behemoth Procter & Gamble Co. as investors bet on the electric vehicle maker’s ability to dominate the automotive market of the future.

August 17, 2020
GovernmentBusiness

DeFazio Calls for Ouster of Postmaster General Louis DeJoy

Rep. Peter DeFazio, chairman of the U.S. House of Representatives’ transportation panel, is among the elected officials calling on the head of the country’s Postal Service to step down.

August 17, 2020
BusinessEquipmentLogistics

Jennifer Polli to Step Down as Trac Intermodal CEO

Trac Intermodal on Aug. 17 announced that President and CEO Jennifer Polli is leaving the company and will be succeeded by Daniel Walsh, formerly of XPO Logistics.

August 17, 2020
GovernmentBusinessTechnology

Uber Seeks Court Reprieve After California Shutdown Threat

Uber Technologies Inc. joined Lyft Inc. in asking an appeals court for an extended reprieve on converting California drivers to employees after both companies warned that a rapid overhaul of their business models may force them to suspend operations in their home state.

August 17, 2020
BusinessEquipmentFuelLogisticsTop 50Top 100

Black Horse Carriers Joins Penske’s Electric Vehicle Program

Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.

August 17, 2020
GovernmentBusinessFuel

Oil Drops for Third Day Before OPEC+ Reviews Easing Output Cuts

Oil fell below $42 a barrel in New York as OPEC+ gathered to assess its supply deal, with countries struggling to contain the virus that has hurt economies and fuel demand globally.

August 17, 2020
GovernmentBusinessLogistics

Pelosi Calls House Back Into Session to Vote on Postal Bill

Speaker Nancy Pelosi is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.

August 17, 2020
GovernmentBusinessTechnologyFuel

Agency OKs $27M to Boost Zero-Emission Vehicles in California

California’s South Coast Air Quality Management District has approved the first installment of $27 million in a program that ultimately will provide up to $90 million to replace higher-polluting Class 8 trucks and port drayage trucks with zero-emission vehicles.

August 17, 2020
BusinessTechnologyEquipmentFuel

Navistar Locates NEXT eMobility Unit in Michigan

Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.

August 14, 2020