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

White House, Democrats Locked in Standoff as Deal Deadline Looms

The White House and congressional Democrats are locked in a standoff over the size and breadth of a new virus relief package, with their self-imposed Aug. 7 deadline for a deal looming.

August 6, 2020
BusinessTechnologySafetyAutonomous

AAA: Partially Automated Driving Systems Don’t Always Work

Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use.

August 6, 2020
BusinessEquipment

July Class 8 Orders Lift Off Along With Freight Volumes

North American Class 8 orders in July inched past replacement levels and increased 98% compared with a year ago, ACT Research reported.

August 6, 2020
GovernmentBusiness

US Jobless Claims Fall More Than Forecast to Pandemic Low

U.S. applications for unemployment benefits fell more than expected last week to the lowest since the pandemic started, in a broad decline across nearly all states, suggesting the labor market is improving.

August 6, 2020
GovernmentBusiness

New York Gov. Andrew Cuomo Takes Reins of Governors Association

New York Gov. Andrew Cuomo emphasized the importance of recovery and revival as he accepted the role of chairman of the National Governors Association.

August 6, 2020
GovernmentBusinessTechnologyEquipmentSafety

Carriers Must Prepare as Deadline Nears for Chinese Technology Ban, Experts Say

With an Aug. 13 deadline approaching fast, motor carriers who do business with the federal government must soon launch an inquiry to locate and purge telecommunications equipment manufactured by five Chinese companies that may be in use in their operations.

August 5, 2020
BusinessFuel

Exxon Says 20% of Oil, Gas Reserves Threatened by Low Prices

ExxonMobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.

August 5, 2020
BusinessTechnology

Redefining Supply Chain Security

Supply chain security is an ongoing and ever-evolving process, requiring active risk mitigation and management. Discovering security-related trends, addressing them before they become a true risk, and dealing with unavoidable real-time situations effectively allows you to manage your supply chain’s security.

August 5, 2020
BusinessTechnologyLogisticsTop 50

C.H. Robinson Tweaks Freightquote for Small Businesses

C.H. Robinson is rolling out enhancements to its Freightquote service for small businesses that the company said will help owners who deal infrequently with the complexities of shipping and logistics and those who might be new to it.

August 5, 2020
GovernmentBusinessLogistics

East Coast Ports Continue to Assess Damage From COVID-19

The nation’s East Coast ports continued to be battered by lower imports from overseas in June because of the COVID-19 pandemic.

August 5, 2020