Trucking Business News

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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.

BusinessEquipment

Japanese Carmaker Honda Hit by Cyberattack

Japanese carmaker Honda said June 9 that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained.

June 9, 2020
GovernmentBusinessSafety

FMCSA Extends Pre-Employment Drug Testing Waiver

Federal trucking regulators have extended through Sept. 30 a waiver from certain pre-employment drug testing requirements for truck drivers during the COVID-19 emergency.

June 9, 2020
GovernmentBusinessTechnologySafety

Infrastructure Stakeholders Press Senators for Testing, PPE Priority

A coalition that includes freight stakeholders and myriad transportation interests is calling on senators to advance legislation that would prioritize testing for critical infrastructure workers amid the COVID-19 pandemic.

June 9, 2020
BusinessTechnologyFuel

CHBC Names Bill Zobel Executive Director

The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director.

June 9, 2020
Business

VW Board Backs CEO to Ease Tensions After Turmoil

Volkswagen AG’s supervisory board accepted an apology from CEO Herbert Diess, with the unusual public statement reflecting the tension caused by an internal dust-up.

June 9, 2020
GovernmentBusinessSafety

ATA: Trucking Sites Could See Big Effect From EPA Stormwater Proposal

American Trucking Associations says fleets could feel the brunt of stormwater runoff regulation changes proposed by the Environmental Protection Agency.

June 9, 2020
GovernmentBusinessSafety

Commission Approves Contracts for Oklahoma City Road Projects

The Oklahoma Transportation Commission recently approved contracts for two major infrastructure improvement projects in the Oklahoma City metropolitan area.

June 9, 2020
GovernmentBusinessFuel

US Targets Sanctions for Iran-Venezuela Oil Tanker Trade

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.

June 9, 2020
GovernmentBusiness

Recession Began in February, Economists Say

The U.S. economy fell into a recession in February, a group of economists with the National Bureau of Economic Research said June 8, and some within the trucking industry are not predicting a rapid return to pre-pandemic levels.

June 9, 2020
BusinessTechnologyFuel

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

June 9, 2020