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.

GovernmentBusinessEquipmentSafetyLogistics

Boeing Finds New 787 Flaw, Slows Deliveries for Inspection

Boeing Co. has slowed deliveries of its 787 Dreamliner as crews check for a new manufacturing flaw involving gaps in the horizontal stabilizer, the small wing in the aircraft tail.

September 8, 2020
GovernmentBusinessSafety

McConnell Plans Vote on Relief Plan That Pelosi Calls ‘Fraudulent’

Congressional leaders hardened their battle lines on additional fiscal stimulus on Sept. 8, with House Speaker Nancy Pelosi labeling Republican Senate Majority Leader Mitch McConnell’s proposal for a slimmed-down package “fraudulent.â€

September 8, 2020
GovernmentBusinessSafety

HHS Issues Proposed Hair Testing Guidelines

The Department of Health and Human Services on Sept. 8 announced its long-delayed proposed mandatory guidelines to allow employers to drug test truck drivers and other federal workers for pre-employment and random testing using hair specimens.

September 8, 2020
GovernmentBusinessLogistics

House to Investigate DeJoy’s Possible Campaign Law Violations

House Democrats said Sept. 8 they will investigate whether Postmaster General Louis DeJoy encouraged employees at his former business to contribute to Republican candidates and then reimbursed them in the guise of bonuses, a violation of campaign finance laws.

September 8, 2020
BusinessTechnologyFuelAutonomous

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.

September 8, 2020
BusinessTechnologyEquipment

Peterbilt Offers Lease Deal on New 220EV

Peterbilt Motors Co. announced an introductory lease offer on its Model 220EV through PacLease. The zero-emission cabover truck is intended for the Class 6 and Class 7 segments.

September 8, 2020
BusinessTechnologyEquipmentAutonomousBreaking News

Nikola, GM Strike Deal for Pickup Trucks, Batteries

General Motors Co. and Nikola Corp. on Sept. 8 announced a strategic partnership under which GM will build Nikola’s Badger pickup truck and also serve as a key supplier of fuel cell-electric technology for Nikola’s Class 7 and Class 8 trucks.

September 8, 2020
GovernmentBusinessLogistics

Trump Open to Inquiry Into DeJoy and Campaign Contributions

President Donald Trump says he’s open to an investigation of Postmaster General Louis DeJoy following published reports that former employees of DeJoy, a major donor to Trump and other Republicans, said they felt pressured to make campaign contributions to GOP candidates.

September 8, 2020
BusinessTechnology

COVID-19 Pushes Industry to Implement New Accounting, Bookkeeping Methods

COVID-19 has created challenges throughout the trucking industry, but it also has created opportunities, especially when it comes to fleets’ accounting processes.

September 8, 2020
BusinessTechnologyAutonomous

Yandex, Uber to Spin Off Self-Driving Cars Into New Company

Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

September 4, 2020

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