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.

BusinessTechnology

RoadOne Adopts New Sourcing Platform Feature

Cargo Chief announced that Bob Voltmann, outgoing CEO of the Transportation Intermediaries Association, has joined Cargo Chief’s board of directors as an adviser.

August 14, 2020
GovernmentBusiness

Pennsylvania Transportation Commission OKs 12-Year Investment Plan

The Pennsylvania State Transportation Commission recently updated its transportation program, which outlines plans to direct billions of dollars to future infrastructure projects.

August 14, 2020
BusinessEquipment

Jacobs to Supply Engine Brake to Hino in China

Jacobs Vehicle Systems announced it will supply its compression release engine brake in China to Hino Motors Co. for its new 10.5-liter U11C diesel engine.

August 14, 2020
GovernmentBusinessFuelLogistics

US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020
BusinessFuel

Oil Set to Eke Out Weekly Gain With Virus Fears Capping Prices

Oil is poised to post a second straight weekly gain, buoyed by an improving global economic picture and rising U.S. gasoline demand.

August 14, 2020
BusinessTechnologyFuel

ExxonMobil to Distribute Renewable Diesel

ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years.

August 14, 2020
BusinessEquipment

Stoughton Marks Trailer Milestone With UPS

Stoughton Trailers announced it has built its 50,000th dry van trailer for UPS Inc.

August 14, 2020
BusinessEquipmentFuel

Portion of Anheuser-Busch Fleet to Use Renewable Natural Gas

Anheuser-Busch is transitioning more than 180 Class 8 trucks, representing 30% of its dedicated fleet, to renewable natural gas.

August 14, 2020
BusinessEquipmentLogistics

US Industrial Production Up 3%; Factory Output Rises 3.4%

American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.

August 14, 2020
GovernmentBusinessLogistics

Port of Los Angeles Chief Says China to Miss Agriculture Target

The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.

August 14, 2020