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May 14, 2020Trucking 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.
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, 202036 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, 2020Small 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, 2020Stocks 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, 2020Oil Shrugs Off First Decline in US Inventories Since January
Oil fell despite the first U.S. stockpile decline since January.
May 13, 2020Illinois 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, 2020Titanium Reports Revenue, Net Income Grow in Q1
Titanium Transportation Group reported solid revenue growth and a profit gain in the first quarter.
May 13, 2020Container 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, 2020FMCSA 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, 2020Trending
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