Diversified supplier Commercial Vehicle Group Inc. reported it is making progress on key objectives as it moves beyond earlier earnings “misstatements."
September 30, 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.
Mnuchin Sees One More Chance for Stimulus as House Readies Vote
Treasury Secretary Steven Mnuchin said he sees one more chance at securing a deal with Democrats on another fiscal stimulus package, while stopping short of embracing a bigger proposal than President Donald Trump already has signaled.
September 30, 2020749,000 Jobs Were Added in September, ADP Report Shows
U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic.
September 30, 2020Los Angeles Continues to Study Congestion Pricing’s Potential
The Los Angeles County Metropolitan Transportation Authority is proceeding with outreach efforts as it explores the potential of a congestion pricing pilot program for the region.
September 30, 2020Labor Department Seeks to Clarify Independent Contractor Status
The U.S. Department of Labor has issued a proposal to revise interpretation of independent contractor status under the Fair Labor Standards Act to “promote certainty for stakeholders, reduce litigation and encourage innovation in the economy.â€
September 30, 2020Radiant Posts Gain, Hits Record Revenue in Fiscal Q4
Radiant Logistics Inc. posted slightly higher net income as well as record revenue for the fiscal fourth quarter ended June 30.
September 29, 2020Western Star Introduces 49X Heavy-Duty Vocational Model
Daimler Trucks North America announced its new Western Star 49X model designed to increase the brand’s share in the heavy-duty vocational market.
September 29, 2020House Advances Diesel-Reduction Program
Legislation that would authorize a federal emissions reduction program and fund research and development for technologies across the environmental sector recently passed in the U.S. House of Representatives.
September 29, 2020Nikola Pushes Back on Skeptics by Showcasing In-House Technology
Nikola Corp. wants to put allegations of deception behind it with a push to showcase its own innovations and detail how it plans to get its clean-powered trucks to market.
September 29, 2020FMCSA Unveils HOS Resource as Revised Rules Take Effect
FMCSA has launched an online tool to help carriers and drivers better understand the hours-of-service regulations that took effect Sept. 29.
September 29, 2020