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.

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Schneider Leverages Carrier Network With FreightPower Launch

Schneider launched a new marketplace, Schneider FreightPower, to give shippers access to an expanded and flexible capacity network.

June 3, 2020
GovernmentBusinessSafetyFuel

COVID-19鈥檚 Impact on Travel, Safety Varies by Region, Traffic Experts Say

Statewide stay-at-home orders prompted by the coronavirus pandemic have resulted in various trends related to traffic volume and safety, according to transportation experts.

June 3, 2020
GovernmentBusiness

SUVs and Trucks Solidify Command of Recovering US Auto Market

Sport utility vehicles and trucks are dominating U.S. auto sales like never before as carmakers start to recover from the biggest shock to their industry in decades.

June 3, 2020
GovernmentBusinessSafety

House Democrats Unveil Five-Year Highway Policy Bill

A multiyear bill with the aim of enhancing funding and safety for freight and commuter programs was unveiled by House Democrats on June 3.

June 3, 2020
GovernmentBusinessSafety

鈥楽potter鈥 in 2017 Staged Accidents in New Orleans Pleads Guilty

The sixth member of a New Orleans-area ring that has staged accidents with unsuspecting tractor-trailers has pleaded guilty for his role as a 鈥渟potter,鈥 or untruthful witness.

June 3, 2020
GovernmentBusiness

Survey: 2.76 Million Layoffs in May, Far Fewer Than Expected

U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.

June 3, 2020
BusinessTechnologyEquipmentSafety

TMCSuperTech Canceled; Fall Meeting Will Be Virtual

The Technology & Maintenance Council of American Trucking Associations has canceled its competitions geared toward truck technicians that were scheduled for September.

June 2, 2020
GovernmentBusinessLogistics

American Farmers Can鈥檛 Wash Their Hands of All This Corn

American corn farmers are feeling better about their prospects with billions more in government aid and optimal growing conditions. There鈥檚 only one downer 鈥 demand.

June 2, 2020
GovernmentBusinessTechnologyEquipment

Ex-Navistar CEO Daniel Ustian, SEC Reach $500,000 Settlement

The U.S. Securities and Exchange Commission鈥檚 yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.

June 2, 2020
GovernmentBusinessFuel

OPEC+ Edges Closer to Compromise to Extend Deepest Ever Cuts

OPEC and its allies edged closer to a consensus on extending production cuts to prop up the oil market, even as wrangling continued for a third day about whether to bring forward their next meeting.

June 2, 2020