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.

GovernmentBusinessFuel

Oil’s Scenario of Exhausted Storage Starts to Fade

While the global oil market remains in a dire situation, it’s starting to look like the nightmare scenario envisioned for the past month might just be averted.

May 12, 2020
GovernmentBusiness

Core Consumer-Price Index Fell by Most on Record in April

A key measure of U.S. consumer prices declined in April by the most on record as travel and apparel spending collapsed during the coronavirus pandemic.

May 12, 2020
GovernmentBusinessSafety

North Carolina Extends Expiration Dates for Licenses, Registrations

The North Carolina Division of Motor Vehicles will extend license and registration expiration dates for more than two dozen credentials, including those that apply to truck drivers, in accordance with Gov. Roy Cooper’s COVID-19 relief package.

May 12, 2020
GovernmentBusinessSafety

COVID-19 Will Exacerbate Rural Transportation Funding Needs, TRIP Finds

Rural transportation needs face a significant funding deficit that will be compounded by the coronavirus pandemic’s blow to state revenue sources, according to a recent report from The Road Information Program.

May 12, 2020
GovernmentBusinessFuel

Diesel Prices Show Signs of Leveling Off After Significant Declines

The average price of a gallon of diesel fuel fell only half a penny nationwide to $2.394 from $2.399 the previous week, according to the Energy Information Administration's weekly report May 11.

May 11, 2020
GovernmentBusiness

California Trucking Association Continues Fight Against AB 5

The California Trucking Association continues to lay the legal groundwork to block the state from enforcing a law aimed at reclassifying owner-operators as motor carrier employees.

May 11, 2020
GovernmentBusinessTechnologySafety

Musk Says Tesla Poised to Defy California County, Reopen Car Plant

Elon Musk said Tesla Inc. is flouting the California county that has blocked its efforts to reopen its only U.S. car plant by restarting production at the facility.

May 11, 2020
GovernmentBusinessSafety

Airlines Balance Fewer Flights, Travelers Seeking Social Distance

U.S. airlines are grappling with one outcome of the deep schedule cuts they’ve made in response to near-zero travel demand: Many of the flights that remain are starting to fill up, complicating social distancing guidelines and angering some passengers.

May 11, 2020
BusinessTechnologyFuel

Dana Hires Hong Yang for Electric Vehicle Systems Post

Dana Inc. announced Hong Yang joined the company as senior director of electric vehicle systems engineering for its commercial vehicle drive and motion business unit.

May 11, 2020
Business

Biggest US Car Dealer Declares Recovery Underway

AutoNation Inc., the biggest car dealership chain in the U.S., said consumers’ desire to travel again and do so in their own personal space is driving the industry’s rebound from the coronavirus pandemic.

May 11, 2020