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.

GovernmentBusinessSafety

House Transportation Panel Advances Water Infrastructure Bill

Legislation that would advance construction of certain freight projects and promote resilience across myriad water systems was easily approved July 15 by the transportation committee at the U.S. House of Representatives.

July 16, 2020
GovernmentBusinessTechnology

Uber Takes Shot at Lyft in Defense to Gig-Worker Suit

Uber Technologies Inc. is trying to duck a California lawsuit that threatens to upend its business model — by pointing a finger at Lyft Inc.

July 16, 2020
GovernmentBusiness

Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

July 16, 2020
GovernmentBusinessTop 100

ATA Lauds Trump’s Environmental Permitting Reforms

President Donald Trump’s push to advance infrastructure projects through environmental permitting changes earned broad support across the freight industry.

July 15, 2020
GovernmentBusiness

Fed Survey Shows Tepid Recovery in Early July

Optimism about a nascent recovery in the U.S. economy was dampened by increased uncertainty over the path of the coronavirus, according to a new report from the Federal Reserve.

July 15, 2020
GovernmentBusinessFuel

Oil Jumps After Trump Leans Against Further Chinese Sanctions

Oil jumped to a four-month high after President Donald Trump indicated that he doesn’t want to add more sanctions against Chinese officials for now in a move to diffuse tensions with Beijing.

July 15, 2020
BusinessTechnologyLogisticsTop 50

C.H. Robinson, Microsoft Forge Alliance to Enhance Supply Chain Monitoring

C.H. Robinson and Microsoft Corp. have aligned with the goal of digitally transforming supply chains to improve monitoring, the logistics company announced July 14.

July 15, 2020
GovernmentBusiness

Economic Recovery Threatened by COVID-19 Resurgence, Experts Say

The U.S. economy, which had begun to improve, is now in jeopardy of stalling amid rising cases of COVID-19 infections.

July 15, 2020
GovernmentBusinessTechnologyFuelAutonomousTCA

Texas County Gives Thumbs Up to Tesla Factory Tax Break

The prospect of a Tesla Inc. factory in the Austin, Texas, area has moved a big step closer to reality, after Travis County commissioners on July 14 approved tax breaks the electric vehicle maker requested.

July 15, 2020
GovernmentBusiness

Extension of Airline Payroll Aid Sought by Unions, Lawmakers

A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.

July 15, 2020