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 Job Losses to Mount With Small Firms Running on Fumes

The clock is ticking for Bonnie Morales and the acclaimed restaurant she opened a few years ago in Portland, Ore. She’s among thousands of U.S. small-business owners who are considering layoffs in coming months as they plow through government aid.

August 5, 2020
GovernmentBusiness

‘Kumbaya Moment’ Unlikely in Next COVID-19 Bill, McConnell Says

Partisan disagreements about the degree of assistance to provide various groups and industries have delayed a COVID-19 relief package.

August 5, 2020
GovernmentBusinessTechnologyFuel

Global EV Charging Stations Top 1 Million

The electric vehicle industry has quietly hit one of its biggest milestones to date, as the number of public charging plugs around the world ticks above the 1 million mark.

August 5, 2020
GovernmentBusinessLogistics

Trade Gap Narrows as Autos Spur Record Exports Increase

The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels.

August 5, 2020
BusinessTechnologyEquipmentFuel

Nikola Posts Q2 Loss, Stays Focused on Growth Strategy

Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks.

August 5, 2020
BusinessTop 100

Trucking Companies Reaffirm Commitment to Diversity

Trucking companies are taking steps to expand and reaffirm their commitment to a diversified workforce, and to promote trucking as an inclusive industry.

August 5, 2020
GovernmentBusinessTechnologyAutonomous

Anthony Levandowski Sentenced to 18 Months in Prison

Autonomous driving engineer Anthony Levandowski was ordered to spend 18 months in prison for stealing trade secrets from Google as he defected to Uber Technologies Inc., in one of the highest-profile criminal cases to hit Silicon Valley.

August 4, 2020
Business

Daimler Appoints Rainer Müller-Finkeldei to SVP Post

Daimler Trucks North America appointed Rainer Müller-Finkeldei senior vice president of engineering and technology.

August 4, 2020
Business

Oil Jumps as Lebanon Explosion Signals Geopolitical Instability

Oil extended its rally and hit a two-week high after an explosion at Lebanon’s main port rocked the capital Beirut, pointing to geopolitical instability in the region.

August 4, 2020
GovernmentBusinessSafety

Tropical Storm Isaias Drives Wild Weather Up Interstate 95

WINDSOR, N.C. — Tropical Storm Isaias spawned tornadoes and dumped rain along the U.S. East Coast on Aug. 4 after making landfall as a hurricane in North Carolina, where it smashed boats together and caused floods and fires that displaced dozens of people. At least two people were killed when one of its twisters hit a mobile home park.

August 4, 2020