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.

GovernmentBusinessSafetyLogistics

Labor Abuse Allegations Tie Up Ships in Australia Ports

Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea.

August 12, 2020
GovernmentBusinessSafety

Planning Group Launches Truck Parking Survey for Phoenix Region

An organization representing the Phoenix metropolitan area is conducting a study of truck parking issues in the region.

August 12, 2020
GovernmentBusinessTechnology

Uber CEO Threatens Future Shutdown in California Over Labor Law

Dara Khosrowshahi, CEO of Uber Technologies Inc., threatened to temporarily shut down service in California if it loses a drawn-out fight over a state law seeking to reclassify contractors as employees.

August 12, 2020
GovernmentBusinessSafetyLogistics

Planning Expert Emphasizes Health Considerations in Public Policy

Public agencies at all levels of government, including the ones related to transportation, should incorporate health considerations into policy decisions, a planning expert said.

August 12, 2020
BusinessTechnologyFuel

Hyperion to Unveil Hydrogen-Powered Supercar, but Needs Investors

With little more than sketches and not fully baked prototypes, a crowd of electric vehicle startups have rounded up billions from investors. Can that fundraising engine drive a hydrogen-powered car?

August 12, 2020
GovernmentBusiness

Trucking Fares Better Than Overall Economy, Experts Say

The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic.

August 12, 2020
GovernmentBusinessSafety

Mnuchin Pushes for Limited Stimulus as Stalemate Persists

Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of 鈥渁 little more than $1 trillion鈥 on Aug. 12, saying that Democratic demands for spending more could be discussed down the road.

August 12, 2020
GovernmentBusinessSafety

FMCSA Extends Emergency Relief Declaration to Sept. 14

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

August 12, 2020
BusinessTechnologyFuelAutonomous

Tesla Splits Stock to Make Lofty Shares Attainable Again

Tesla Inc. is splitting its richly valued shares in a 5-for-1 exchange, a move designed to make the stock less expensive for individual investors after the company became the world鈥檚 most valuable automaker.

August 12, 2020
GovernmentBusiness

Inflation Quickened in July on Costs of Vehicles, Apparel

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.

August 12, 2020