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.

GovernmentBusinessSafetyLogistics

China’s Virus-Safety Demand Is Latest Hurdle to Trade Deal

China wants international shippers of meat and soybeans to sign a document attesting their cargoes meet safety standards to ensure they aren’t contaminated with the novel coronavirus.

June 24, 2020
GovernmentBusinessSafetyLogistics

American Air Pilots Want US to Buy Seats for Distancing

American Airlines Group Inc.’s pilots are calling on the U.S. government to pay for enough jetliner seats to enable social distancing during the coronavirus pandemic.

June 24, 2020
BusinessLogistics

Logistics Costs Increase to $1.63 Trillion in 2019

Business logistics costs increased marginally in 2019 as conditions in the sector normalized, but the COVID-19 pandemic has brought uncertainty to the outlook for 2020, the Council of Supply Chain Management Professionals announced in a June 23 report.

June 24, 2020
BusinessTechnologyEquipmentFuel

NACFE 'Run on Less Regional' Results Prompt Feedback, Analysis

Industry feedback aimed at a report on regional trucking called for additional attention to the complexity of managing aerodynamic equipment in that operational environment, and generated new assumptions on the length of haul.

June 24, 2020
GovernmentBusinessSafety

Americans Are Avoiding Stores Again in New Virus Hot Spots

While evidence of a virus-sparked consumer pullback is largely anecdotal for now, it would be a setback for a U.S. economy that has just started to perk up, with retail sales jumping to a record in May.

June 24, 2020
BusinessTechnologySafetyLogisticsAutonomous

Starsky Robotics Founder Discusses Future of Autonomous Trucking

Automated technology developers are shooting for the moon when they could instead be implementing ground-level initiatives in trucking, the founder of Starsky Robotics says.

June 24, 2020
GovernmentBusinessSafety

Nuclear Jury Awards Against Truckers on the Rise, ATRI Study Shows

In the past five years there were nearly 300 court cases resulting in jury verdicts over $1 million against trucking fleets, according to a new American Transportation Research Institute analysis made public on June 23.

June 24, 2020
GovernmentBusinessSafety

IMF Downgrades Outlook for Global Economy in Face of Virus

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.

June 24, 2020
GovernmentBusinessTechnologyAutonomous

Groups Seek Panel’s Action on FCC Transportation Spectrum Proposal

Several transportation groups are calling on a Senate panel to direct the Federal Communications Commission to reconsider its proposal to shift a portion of auto safety airwaves for broadband uses.

June 23, 2020
GovernmentBusinessLogistics

Discount Airline Group Presses for Extension of US Assistance

Smaller U.S. airlines are likely to need more government aid amid an uncertain travel recovery, according to a trade group that represents discounters such as Spirit Airlines Inc., Frontier Airlines and Allegiant Travel Co.

June 23, 2020