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.

GovernmentBusinessTechnologySafety

FMCSA Pilot Would Allow Younger Drivers in Interstate Commerce

The Federal Motor Carrier Safety Administration has announced a proposal and request for comment on a new pilot program to allow drivers ages 18-20 to operate commercial motor vehicles in interstate commerce.

September 4, 2020
GovernmentBusiness

Kentucky Officials Announce Funds for Industrial Access Roads

Kentucky officials recently announced funding will be directed to industrial access road infrastructure projects to promote economic development and the movement of freight.

September 4, 2020
BusinessLogisticsTop 50Top 100

U.S. Xpress Names Matt Herndon President of Dedicated Unit

Truckload carrier U.S. Xpress Enterprises Inc. announced the appointment of Matt Herndon to president of dedicated services.

September 3, 2020
GovernmentBusinessTechnology

Tech Rout Sends Stock Market to Biggest Loss Since June

Wall Street’s euphoria took a break Sept. 3, as steep losses in technology stocks dragged the rest of the market down with them.

September 3, 2020
BusinessLogisticsTop 100

Mullen Group Acquires Remaining Shares of Pacific Coast Express Limited

Mullen Group has acquired the remaining shares of Pacific Coast Express Ltd., the company announced Sept. 1.

September 3, 2020
GovernmentBusinessTechnologySafetyLogistics

DOT Releases National Freight Strategic Plan

U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.

September 3, 2020
BusinessEquipment

August Class 8 Orders Underscore Replacement Demand

North American Class 8 orders in August reached replacement levels as fleets found the freight market growing stronger despite the many uncertainties in society at large, ACT Research reported.

September 3, 2020
BusinessTechnologyAutonomous

Tesla’s Three-Day Correction Approaches Bear Market

Tesla Inc. shares are now officially in correction territory, in a week that saw the electric-vehicle maker announce a share sale that could dilute its value and a top holder say it would cut its stake nearly in half.

September 3, 2020
GovernmentBusinessLogistics

Trucking Surges as Capacity Tightens Amid Continued Pandemic

More than six months into the COVID-19 pandemic the trucking industry’s health is stronger than the U.S. economy, as segments used in final-mile delivery, e-commerce, and deliveries to grocery stores and hospitals thrive.

September 3, 2020
BusinessLogistics

FedEx to Increase Peak Hiring 27% for ‘Unprecedented’ Season

FedEx Corp. plans to hire about 70,000 seasonal workers to handle the holiday surge of packages, a 27% increase from last year’s peak, in what is expected to be an unprecedented level of delivery demand.

September 3, 2020

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