Trucking Business News

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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.

GovernmentBusinessFuel

Oil Rises With Signs of Economic Recovery Buoying Demand

Oil rose the most in nearly two weeks as economic data from the U.S. to Europe and Asia signaled a flicker of life in languishing demand.

August 3, 2020
BusinessTechnologyEquipment

HDMA President, COO Tim Kraus Plans to Retire

Heavy Duty Manufacturers Association President Tim Kraus plans to retire early next year, the organization announced Aug. 3.

August 3, 2020
GovernmentBusinessSafetyLogistics

Smithfield Goes On Defensive Over COVID-19 Response

Smithfield Foods Inc. is defending its efforts to keep employees safe and supply food to the nation during the coronavirus pandemic.

August 3, 2020
GovernmentBusiness

GM Alleges Fiat Chrysler Spent Millions to Bribe UAW Leaders

General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union and GM officials.

August 3, 2020
BusinessLogisticsTop 100

Patriot Transportation Posts Net Profit on Lower Revenue for Fiscal Q3

Patriot Transportation Holding posted an increase in net income on declining revenue for its fiscal third quarter, the company reported July 29.

August 3, 2020
Business

US Manufacturing Improves in July, According to ISM

U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.

August 3, 2020
GovernmentBusiness

Virus Relief Bill Remains Up in Air as Negotiations Resume

Slow, grinding negotiations on a huge COVID-19 relief bill are set to resume Aug. 3, but the path forward promises to be challenging and time is already growing short.

August 3, 2020
GovernmentBusinessSafety

House Advances Water Infrastructure Policy Bill

A water infrastructure policy bill that found bipartisan backing was easily advanced by the U.S. House of Representatives on July 29.

August 3, 2020
GovernmentBusinessSafety

Isaias Set to Hit Carolinas as Hurricane, Sweep New York

Isaias could cause $1.5 billion in losses as it picks up speed and strength, likely becoming a hurricane before hitting the Carolinas and posing the second tropical threat to New York in a month.

August 3, 2020
BusinessTechnologyAutonomous

SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil

SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.

August 3, 2020