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

Volvo Reports Q2 Net Loss, Lower Revenue Amid Pandemic

Volvo Group reported a net loss in the second quarter and lower revenue in a period scarred by the novel coronavirus pandemic.

July 17, 2020
BusinessFuel

Oil Prices Tumble on Economic News, Cloudy Recovery

Oil prices recently tumbled as a resurgence in coronavirus cases and impending U.S. layoffs darken the economic outlook.

July 17, 2020
GovernmentBusiness

Global Air Passenger Slump to Last Until 2023, Moody’s Says

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

July 17, 2020
BusinessEquipmentSafety

Trailer Makers Anticipate Rebound After Fleets Recover From Pandemic

The trailer industry was forced to make further production cuts and alter manufacturing processes as the coronavirus pandemic took hold.

July 17, 2020
GovernmentBusinessLogistics

COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts

The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.

July 17, 2020
BusinessLogisticsTop 100

J.B. Hunt Reports $121.7 Million in Net Earnings

J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels.

July 17, 2020
BusinessTechnologyEquipmentFuel

Ducted Fuel Injection Shows Promise for Diesel

Researchers have developed a promising yet surprisingly simple modification to diesel engines that could hold the key to reducing the complexity, maintenance, and size and weight of emission aftertreatment systems.

July 17, 2020
GovernmentBusinessTechnologyFuel

Tesla Keeps China Growth Going With Record Registrations

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded.

July 17, 2020
BusinessTechnologyEquipmentLogistics

More Fleets Are Going Green at Their Facilities

A growing number of transportation and logistics providers are cutting costs and going green with energy-efficient truck terminals and warehouses.

July 17, 2020
GovernmentBusinessEquipment

°®¶¹´«Ã½ Construction Jumps 17.3% in June

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

July 17, 2020