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

Motorcoach Industry Seeks Federal Aid to Mitigate Losses

The 100-year-old over-the-road motorcoach industry is struggling for survival as most of the nation鈥檚 36,000 buses are sitting in parking lots because of the COVID-19 pandemic.

July 27, 2020
GovernmentBusiness

Airlines Pledge Aircraft, Loyalty Programs in Bid to Tap Funding

Global airlines are pledging their brands, loyalty programs and aircraft as collateral to secure more funds in the debt markets as the coronavirus pandemic continues to batter the sector.

July 27, 2020
Business

Canadian Pacific Sees Lower Q2 Earnings, Points to Pandemic

Canadian Pacific reported reduced second-quarter earnings that company officials said was a direct result of reduced freight caused by the COVID-19 pandemic.

July 27, 2020
GovernmentBusiness

Pelosi Presses GOP to Quickly Negotiate Virus Aid With Democrats

Deadlines looming, House Speaker Nancy Pelosi implored Republicans and the White House on July 27 to come quickly to the negotiating table with Democrats over the next coronavirus relief package to prevent unemployment assistance and an eviction moratorium from expiring for millions of Americans.

July 27, 2020
GovernmentBusiness

Illinois Leaders Unveil $21.3 Billion Infrastructure Plan

Illinois Gov. Jay 鈥淛.B.鈥 Pritzker recently announced a $21.3 billion plan to improve roads and bridges throughout the state.

July 27, 2020
BusinessEquipment

Mack Launches Initial Production of New Medium-Duty Models

Mack Trucks reported initial production of its MD Series of medium-duty trucks has begun at its Roanoke Valley Operations facility in Salem, Va.

July 27, 2020
BusinessLogistics

Union Pacific Posts Profit, Revenue Declines in Q2

Class I railroad Union Pacific saw second-quarter income and revenue fall amid the coronavirus pandemic.

July 27, 2020
GovernmentBusinessSafetyLogistics

World鈥檚 Supply Chain May Not Be Ready for COVID-19 Vaccine

The industries that shepherd goods around the world on ships and planes acknowledge they aren鈥檛 ready to handle the challenges of shipping an eventual COVID-19 vaccine from drugmakers to billions of people.

July 27, 2020
GovernmentBusinessEquipment

Orders for Big-Ticket Manufactured Goods Jump 7.3% in June

Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic.

July 27, 2020
BusinessTechnologyEquipment

Trailer-Tracking Unit Furthers VHub Telematics Integration

Digital asset-sharing platform vHub announced that its integration of telematics offerings now includes the TrackLight taillamp GPS trailer-tracking solution from Anytrek and the 4W Telematics trailer tracking system.

July 27, 2020