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.

BusinessEquipment

NTEA Warns of Tough Times Ahead for Commercial Equipment Manufacturers

Commercial equipment manufacturers should brace for a prolonged downturn, an economist for an industry group said.

July 24, 2020
GovernmentBusinessFuel

Senators Advance Diesel-Reduction Program

A program meant to improve air quality by reducing diesel emissions was included in the annual defense authorization bill the Senate passed July 23.

July 24, 2020
GovernmentBusiness

DHS Lifts New York Trusted Traveler Ban

The Department of °®¶¹´«Ã½land Security announced it will lift its ban on certain Trusted Traveler Programs for New York residents.

July 24, 2020
BusinessTechnologyFuelAutonomous

VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings

Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.

July 24, 2020
GovernmentBusinessLogistics

New-°®¶¹´«Ã½ Sales in June Surge to Highest in Almost 13 Years

New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

July 24, 2020
BusinessFuelTop 100

Schlumberger Shrinks Staff to Lowest Since Pre-Shale Era

Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.

July 24, 2020
GovernmentBusinessTechnology

DOT Releases Policy Document on Emerging Tech Engagement

Transportation Secretary Elaine Chao on July 23 unveiled guidelines that technology innovators can follow to help them engage with the federal government as they develop new projects.

July 23, 2020
GovernmentBusinessTechnology

ATA Meets With OMB to Discuss Hair Sample Testing Rule

A new federal drug-testing law for truck drivers that has been held up at the White House for more than a year may finally be poised for advancement, according to an executive from American Trucking Associations who recently met with officials from the Office of Management and Budget.

July 23, 2020
BusinessEquipment

June Trailer Orders Hit 13,441

U.S. trailer orders in June improved by more than 100% from a year earlier as they pushed past 13,000 to reach the second-highest level for the year, ACT Research reported.

July 23, 2020
GovernmentBusiness

Toll Roads With Fewer Cars an Unlikely Haven for Bond Buyers

Municipal-bond investors are scouring for pockets of the $3.9 trillion market that are a haven from the coronavirus and its recession. Turns out toll roads may be a safe bet.

July 23, 2020