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.

GovernmentBusinessTechnologyFuel

15 States Agree to Work Together for All Heavy Trucks to Be Electric by 2050

A total of 15 states and the District of Columbia have signed a joint memorandum of understanding committing to work collaboratively to advance and accelerate the market for electric medium- and heavy-duty trucks and other vehicles.

July 14, 2020
GovernmentBusinessFuel

Spiking Cost of Gasoline Pushes June Consumer Prices Up 0.6%

U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain.

July 14, 2020
GovernmentBusinessEquipmentLogistics

FMCSA to Analyze Safety Practices for Small Delivery Trucks, Vans

Federal trucking regulators are seeking information on the safety operations of small commercial trucks and vans making deliveries for online retailers and grocery stores that seem to be increasing in number in recent months, but staying mostly under the regulatory radar.

July 13, 2020
GovernmentBusinessFuel

Diesel Price Almost Flat, Inches Up 0.1¢ to $2.438 a Gallon

The nationwide average price of diesel fuel was nearly flat the past week, according to U.S. Energy Information Administration data released July 13.

July 13, 2020
GovernmentBusinessFuel

Oil Falls on Signs OPEC+ Will Taper Cuts

Oil retreated before an OPEC+ committee meeting this week that may confirm the group’s intention to taper production cuts even as the coronavirus surges in many countries, including the U.S.

July 13, 2020
GovernmentBusinessTechnologySafety

DTNA, Navistar Announce Voluntary Safety Recalls

The National Highway Traffic Safety Administration reported it administered almost 900 safety recalls in 2019, affecting more than 38 million vehicles. Two recent voluntary safety recalls illustrate the kinds of issues truck makers are adjusting to and how the agency is overseeing those efforts.

July 13, 2020
GovernmentBusinessTechnologyAutonomousTCA

Michigan Creates Office to Navigate Emerging Tech in Transportation

Michigan is creating a centralized team to handle future technology issues, with the new Office of Future Mobility and Electrification.

July 13, 2020
BusinessEquipmentLogisticsTop 100

Forward Air Expands LTL Footprint in Georgia

Forward Air Corp. will now offer less-than-truckload services in Savannah, Ga., the company announced July 13.

July 13, 2020
Business

Southwest Says Flyer Numbers Need to Triple to Avoid Layoffs

Southwest Airlines Co. needs passenger numbers to triple by year-end if it’s going to avoid the carrier’s first ever involuntary job cuts, its chief executive officer said, even as rising coronavirus infections prompt some states to restrict travel.

July 13, 2020
BusinessEquipmentBreaking News

Class 8 Sales in June Drop 43.5%

U.S. Class 8 retail sales in June fell 43.5% year-over-year to just above 13,000, WardsAuto.com reported.

July 13, 2020