Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes, filed for bankruptcy, becoming one of the biggest victims of a spectacular collapse in energy demand from the virus-induced global lockdown.
June 29, 2020Trucking 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.
Automakers Split in Legal Fight Over Trump’s Fuel Economy Rules
Four automakers backing a California effort to curb tailpipe emissions will break with some big rivals in the legal battle over the Trump administration’s relaxation of fuel efficiency standards.
June 26, 2020Study: LTL Carriers Cover More Miles Between Breakdowns Than Truckload Fleets
Less-than-truckload carriers outpaced truckload fleets in terms of miles between roadside breakdowns, according to a recent study.
June 26, 2020Stemco to Focus on Core Product Lines, Exits Others
Commercial vehicle supplier Stemco announced a series of changes to its product lines in an effort to refocus resources on its core products, which are its wheel-end and king pin product lines.
June 26, 2020American Air to Book Jets to Capacity, Shelve Social Distancing
American Airlines Group Inc. said it would sell flights to capacity starting July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic.
June 26, 2020Volvo Redesigns VAH Model for Auto Haulers
Volvo Trucks North America announced the rollout of the Volvo Auto Hauler, a specialized solution for the auto transport industry that completes the design overhaul of the VTNA product portfolio.
June 26, 2020TravelCenters to Open First California TA Express
TravelCenters of America signed a franchise agreement with CSG Petroleum to open its first TA Express in California, the company announced June 23.
June 26, 2020CARB Approves Its Electric Truck Regulation
California environmental regulators approved a measure that within a few years will require truck manufacturers to transition a percentage of their sales in the state from diesel trucks to electric zero-emission vehicles.
June 26, 2020ASCE Issues C- Grade for Rhode Island’s Infrastructure
Rhode Island’s infrastructure is at a C- grade level, the American Society of Civil Engineers declared in its report card chronicling the state’s networks.
June 26, 2020Amazon Buys Driverless Startup Zoox, Cites Ride-Hailing Prowess
Amazon.com Inc. is buying autonomous vehicle startup Zoox Inc., a move that could help the company create a formidable opponent to ride-hailing and food-delivery companies.
June 26, 2020Trending
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