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.

BusinessTechnologyEquipmentSafety

Demand for Virtual Training Accelerates During Pandemic

The pandemic is accelerating the transition to virtual learning for truck technicians, and the industry might never turn back.

July 17, 2020
BusinessEquipment

Medium-Duty Market Rebounding Amid Virus Concerns

The medium-duty truck market has partially rebounded from the first months of the COVID-19 pandemic, and what happens next, analysts say, depends on the virus itself.

July 17, 2020
BusinessTechnologyEquipment

VTNA Remains Aggressive on Future Despite Uncertainties

Volvo Trucks North America presented a business review, recapped two recently upgraded models and noted what it is doing at its customer center to stay connected amid social distancing and travel restrictions.

July 16, 2020
GovernmentBusiness

Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus

The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.

July 16, 2020
GovernmentBusinessFuel

Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes

Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.

July 16, 2020
GovernmentBusinessSafety

Study: Training Helps Younger Drivers Stay as Safe as Those Retiring

A study commissioned by FMCSA found "no safety-based reason not to use younger drivers" to help fill the void left by retiring older drivers.

July 16, 2020
GovernmentBusinessLogistics

Barr Says US Overly Reliant on Chinese Goods, Services

The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns and other protective equipment designed to curb the spread of the coronavirus, Attorney General William Barr said July 16.

July 16, 2020
BusinessTechnology

Convoy Unveils Service Targeting Owner-Operators, Small Fleets

Convoy introduced a dedicated freight service that aims to provide more work for owner-operators and small fleets.

July 16, 2020
BusinessLogistics

Americans Take Up New Eating Habits, Forcing Farms to Raze Crops

Americans have rapidly changed the ways they buy, cook and eat food in just four months, leaving everyone from farmers to restaurants unable to match their pivot.

July 16, 2020
GovernmentBusiness

Truck Drivers Should Beware of CBD, Drug Policy Expert Says

The U.S. Department of Transportation told truck drivers use of CBD oils would be at their own career risk.

July 16, 2020