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.

GovernmentBusiness

US Adds 1.8 Million Jobs in Sign That Hiring Has Weakened

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.

August 7, 2020
GovernmentBusiness

Global Stocks Erase 2020 Losses Amid US Rally

A gauge of global equities erased its losses for the year as U.S. stocks climbed on optimism that officials will come to terms on fresh economic stimulus. Gold extended gains amid speculation interest rates will stay low for longer.

August 6, 2020
BusinessSafetyLogisticsTop 50Top 100

UPS, FedEx Gear Up to Ship COVID-19 Vaccine When Ready

UPS and FedEx are among the companies hard at work on strategies to ship a COVID-19 vaccine safely around the world once it is ready.

August 6, 2020
BusinessEquipmentFuel

Cummins Is Top Overall Supplier of Class 8 Engines in First Half of 2020

Independent engine maker Cummins Inc. supplied a leading 34.7% of the diesel engines used in the first half of 2020.

August 6, 2020
BusinessFuel

Oil Seesaws With Demand Woes Offsetting Tighter Supply Picture

Oil swung between gains and losses as uncertainty over the prospect of a U.S. virus relief bill that could boost fuel consumption offset signals of tightening global supply.

August 6, 2020
GovernmentBusinessSafety

CVTA: Driver Learner Permit, CDL Testing Delays Persist

More than one-third of state driver’s license agencies continue to face moderate to significant delays in conducting commercial learner permit knowledge tests, commercial driver license skills tests or actual issuance of the physical learner permits, according to a new survey by the Commercial Vehicle Training Association.

August 6, 2020
GovernmentBusinessTechnologySafety

Driver-Assist Technologies Touted at FMCSA Truck Safety Summit

The importance of hiring skilled drivers, the prospects for success with hair-based drug tests, the critical need for infrastructure funding and the promise of technology — especially as it relates to onboard vehicle systems — were among subjects discussed at an all-day Federal Motor Carrier Safety Administration Aug. 5 truck safety summit.

August 6, 2020
BusinessTechnologyFuelTCA

Cadillac Set to Debut First All-Electric Vehicle

Cadillac is turning to its next chapter as an electric-vehicle brand with the debut of the 2022 Cadillac Lyriq crossover.

August 6, 2020
GovernmentBusinessLogistics

USPS Election Role Becomes Flashpoint in Stimulus Talks

House Democrats want to throw a financial lifeline to the struggling U.S. Postal Service amid concerns that mail delays could lead to hundreds of thousands of legitimate votes being thrown out, potentially skewing the election. Senate Republicans say the money isn’t needed.

August 6, 2020
BusinessTop 100

Daseke Reports Q2 Revenue of $351.7 Million

Daseke Inc. reported second-quarter net income climbed out of the red compared with the year-ago period, lifted by changes over the past year to operational and cost improvement plans.

August 6, 2020