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.

BusinessTechnologyLogistics

Amazon’s Whole Foods Opens Delivery-Only Facility in Brooklyn

Whole Foods Market on Sept. 1 opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles.

September 1, 2020
GovernmentBusiness

Illinois DOT Projects Aim to Bolster Peoria

Leading Illinois officials recently announced that a slew of infrastructure projects is underway in the Peoria area, which is an important hub for the manufacturing industry.

September 1, 2020
GovernmentBusinessLogistics

Global Trade Seen Rebounding Faster Now Than Post-2008 Recession

Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy.

September 1, 2020
BusinessEquipmentFuel

Shale Loses Another Global Giant After Schlumberger’s Frack Sale

Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.

September 1, 2020
GovernmentBusinessTechnologySafety

Proposed Hair Testing Rule Forwarded to Federal Register

A proposed rule authorizing the use of hair samples to test truck drivers and other federal workers has been forwarded to the Federal Register for publication soon, the chairman of a federal drug testing advisory board said Sept. 1.

September 1, 2020
GovernmentBusinessEquipmentLogistics

Manufacturing Expands at Fastest Pace Since Late 2018

U.S. manufacturing expanded in August at the fastest pace since late 2018, powered by growth in new orders that are a bright spot in an otherwise struggling economy.

September 1, 2020
BusinessEquipmentTCA

Robert Mercer, Former Goodyear CEO, Dies at 96

Robert E. Mercer, a former chairman and CEO of the Goodyear Tire & Rubber Co., died Aug. 28 at the age of 96.

September 1, 2020
BusinessTechnologyLogistics

Walmart’s Challenger to Amazon Prime Will Launch Sept. 15

Walmart Inc.’s answer to Amazon Prime finally has a launch date.

September 1, 2020
BusinessTechnologyFuelAutonomous

Tesla to Sell up to $5 Billion of Shares After Stock Surge

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.

September 1, 2020
GovernmentBusinessFuel

Diesel Jumps 1.5¢ After Hurricane Laura Ravages Gulf Region

The price of diesel jumped by 1.5 cents nationwide to $2.441 a gallon, the Energy Information Administration reported Aug. 31, as much of the nation’s oil exploration and refining capacity was shut down because of two severe-weather events.

August 31, 2020

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