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.

BusinessEquipmentLogistics

Comcar Industries Declares Bankruptcy

Comcar Industries announced May 17 it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.

May 18, 2020
GovernmentBusinessSafety

US Autoworkers Return, While Possible Vaccine Shows Promise

More than 130,000 autoworkers returned to factories across the U.S. for the first time in nearly two months May 18 in one of the biggest steps yet to restart American industry, while an experimental vaccine against the coronavirus yielded encouraging results in a small and extremely early test.

May 18, 2020
GovernmentBusinessTechnologySafety

Tesla Reopens California Plant, Says It Has Alameda County’s Approval

Tesla Inc. told employees that a California county health official has now signed off on safety measures the company took last week at its car plant as it restarted production in defiance of the area’s shutdown order.

May 18, 2020
GovernmentBusinessTechnologySafety

Groups Propose Tweaks to FEMA Infrastructure Resilience Guidance

Stakeholders largely supportive of a new disaster mitigation program at the Federal Emergency Management Agency call for tweaking aspects of its proposed guidance.

May 18, 2020
BusinessTechnology

DTNA Launches E-Commerce Platform to Replace Pinnacle Parts

Daimler Trucks North America announced the launch of Excelerator, its next-generation e-commerce platform to streamline the parts-ordering process that included input from more than 40 dealer partners to its design.

May 18, 2020
BusinessTechnologyAutonomous

Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp

Uber Technologies Inc. eliminated an additional 3,000 jobs May 18, is closing dozens of offices worldwide and is shutting down many side projects in an effort to weather the coronavirus pandemic that has devastated the ride-hailing business.

May 18, 2020
BusinessEquipment

US Trailer Orders Hit 30-Year Low in April

U.S. trailer orders in April fell to a 30-year low amid severe recessionary pressures, FTR reported.

May 18, 2020
BusinessTechnologyLogisticsTop 50Top 100

FedEx, Microsoft Join Forces for Package Shipping

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.

May 18, 2020
GovernmentBusinessFuel

Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels

Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.

May 18, 2020