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.

Business

Eric Parker, ATA Vice President of Membership Sales, Dies at 50

Eric Scott Parker, who grew up in a trucking family and spent his professional career in the industry, died suddenly on May 11. He was 50.

May 14, 2020
BusinessSafety

Trucking Cleaning & Safety Tips for Fleets During COVID-19

Truckers are vulnerable when it comes to health concerns – including the Coronavirus outbreak (COVID-19). Fleets need to ensure the safety of their drivers, staff, and facilities. Download this whitepaper for COVID-19 safety tips and cleaning guides, awareness posters, and more.

May 14, 2020
GovernmentBusinessSafety

36 Million Have Sought US Unemployment Aid Since Virus Hit

Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.

May 14, 2020
GovernmentBusinessSafety

Small Settlements’ Impact Tops ATRI’s Research Priorities List

The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.

May 13, 2020
GovernmentBusiness

Stocks Slide on Powell Remarks, US-China Worries

U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.

May 13, 2020
GovernmentBusinessFuel

Oil Shrugs Off First Decline in US Inventories Since January

Oil fell despite the first U.S. stockpile decline since January.

May 13, 2020
GovernmentBusinessSafety

Illinois Directs $25 Million to Speed Grants for Infrastructure

Illinois Gov. Jay “J.B.” Pritzker and the Illinois Department of Commerce and Economic Opportunity recently announced that $25 million in grant funding will be used to accelerate work on planned infrastructure projects.

May 13, 2020
BusinessLogistics

Titanium Reports Revenue, Net Income Grow in Q1

Titanium Transportation Group reported solid revenue growth and a profit gain in the first quarter.

May 13, 2020
BusinessLogisticsTop 50

Container Shipper Maersk Warns of 25% Volume Slump

The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.

May 13, 2020
GovernmentBusinessLogistics

FMCSA Extends HOS Emergency Declaration for Second Time

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

May 13, 2020