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.

GovernmentBusinessSafety

Nation’s Courts Feeling Impact of COVID-19 Pandemic

The COVID-19 pandemic is affecting the nation’s court systems, and for trucking, legal experts believe it could have a long-term effect on how juries view cases involving motor carriers.

May 21, 2020
GovernmentBusinessSafety

Mnuchin Says ‘Strong Likelihood’ for More Stimulus Spending

Treasury Secretary Steven Mnuchin said Congress very likely will need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak.

May 21, 2020
BusinessTechnology

Samsara Announces Layoffs, Raises Capital

Transportation technology company Samsara laid off 300 employees, or 18% of its workforce, and raised additional capital amid the challenges presented by the novel coronavirus pandemic.

May 21, 2020
GovernmentBusinessTechnologyAutonomous

NHTSA Lets Self-Driving Shuttle Resume Carrying People

A self-driving shuttle service that was ordered to stop carrying passengers in February has been cleared to resume operations with new safety precautions.

May 21, 2020
Business

Semi-Tough: Watch 185-Pound Football Player Pull 22,000-Pound Truck

Canadian Football League player Lucky Whitehead pulled his pickup truck, which sparked a friendly competition and led to a tractor-pull challenge.

May 21, 2020
GovernmentBusinessFuelLogistics

Unlike China, India Oil Demand Stays Weak as Economy Falters

It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown.

May 21, 2020
GovernmentBusinessTechnologySafetyTCA

Tesla Drops Lawsuit Against Alameda County

Electric carmaker Tesla dropped a federal lawsuit against Alameda County filed less than two weeks ago after resuming manufacturing at its Fremont plant against local orders.

May 21, 2020
GovernmentBusiness

Coronavirus-Triggered Layoffs in US Hit 38.6 Million

The number of Americans thrown out of work since the coronavirus crisis struck two months ago has climbed to nearly 39 million, the government said May 21.

May 21, 2020
GovernmentBusinessTechnologySafetyAutonomous

Trump Transportation Nominees Finch Fulton, Diana Furchtgott-Roth Advance to Senate Floor

Nominees for senior-level posts at the U.S. Department of Transportation were approved by the Senate Commerce Committee on May 20.

May 20, 2020
GovernmentBusinessSafetyLogistics

Workers Cheered Upon Return to South Dakota Pork Plant

Employees at a Smithfield pork processing plant in South Dakota where a coronavirus outbreak infected more than 800 people were greeted at work May 20 with thank you signs, cheers and waves from about a dozen area residents.

May 20, 2020