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.

BusinessTechnologySafety

Ryder, Uber Achieve Service Milestone

Ryder System Inc., which offers supply chain, dedicated transportation and commercial fleet management services, announced its 100,000th ride using Uber for Business to access transportation for drivers and technicians to and from both Ryder and customer locations.

June 19, 2020
BusinessEquipment

Alliance Parts Adds 100th Location

Alliance Parts, a brand of Daimler Trucks North America, expanded its retail footprint with the opening of its 100th location, in Lexington, S.C.

June 19, 2020
GovernmentBusinessSafety

Hiring Rose in 46 States in May; Jobless Rates Still High

Employers added jobs in 46 states last month, evidence that the U.S. economy’s surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economies early and those that did so only later.

June 19, 2020
GovernmentBusinessLogistics

China to Speed US Farm Purchases After Secretive Hawaii Talks

China plans to accelerate purchases of American farm goods to comply with the phase one trade deal with the U.S. following talks in Hawaii this week.

June 19, 2020
GovernmentBusinessFuel

US Slaps Sanctions on Mexican Companies Helping Venezuelan Oil

The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country.

June 19, 2020
BusinessEquipmentSafety

May Trailer Orders Fall to Second-Worst Level Ever

U.S. trailer orders in May sank to the second-lowest level of all time as they struggled to clear 3,000 in another month of strong cancellations, ACT Research reported.

June 19, 2020
GovernmentBusinessTechnologyFuel

House Policymakers Consider Multiyear Highway Bill

The Transportation and Infrastructure Committee in the U.S. House continued to debate a five-year, $494 billion highway policy bill on June 18, a day after kicking off the measure’s consideration.

June 18, 2020
GovernmentBusiness

House Democrats Pitch $1.5 Trillion in Infrastructure Spending

House Democrats on June 18 pitched a $1.5 trillion plan to rebuild the nation’s infrastructure and urged President Donald Trump to immediately engage in negotiations on how to pay for it.

June 18, 2020
BusinessLogistics

Werner CEO Looks Back at Founder’s Legacy

Werner Enterprises CEO Derek Leathers in an exclusive interview with Transport Topics discussed how the principles established by company founder Clarence L. Werner — who plans to step down as chairman of the board next year — remain the foundation of how the company operates.

June 18, 2020
GovernmentBusinessSafety

DOT Unveils Newest INFRA Grant Recipients

The U.S. Department of Transportation has announced the recipients of $906 million in Infrastructure For Rebuilding America grants.

June 18, 2020