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.

GovernmentBusinessSafety

FMCSA Reviews Seizure Policy

The Federal Motor Carrier Safety Administration is reviewing the agency’s current seizure medical policy with an eye toward possibly eliminating a requirement that truck drivers with the condition request a special exemption from the agency.

April 28, 2020
BusinessLogistics

America’s Mass Hog Cull Begins With Meat to Rot in Landfills

The mass culling of America’s hog herd is starting as a wave of shutdowns at processing plants creates livestock gluts that farmers can no longer sustain.

April 28, 2020
BusinessTechnologyEquipment

Cummins Q1 Net Income, Revenue Fall

Cummins Inc. reported first-quarter net income and revenue fell as key domestic and global markets weakened as the novel coronavirus spread.

April 28, 2020
BusinessTechnologyFuel

Electric-Vehicle Charging Startup Amply Power Secures $13.2 Million

Startup Amply Power has raised $13.2 million from investors including Soros Fund Management to advance the company’s electric-vehicle charging service for commercial fleets.

April 28, 2020
BusinessEquipment

Yokohama, Continental Resume Tire Production

Two tire manufacturers that had suspended production due to the COVID-19 crisis have restarted their factories.

April 28, 2020
BusinessFuel

Oil Swings After Major Index Bails Out of June Contract

Oil resumed losses after a brief bounce higher amid the aftershocks of a major index tracked by billions of dollars in funds exiting near-term contracts for fear prices may turn negative again.

April 28, 2020
GovernmentBusinessLogistics

China Merchants Group Explores Taking $4 Billion Port Unit Private

China Merchants Group Ltd. is exploring taking China Merchants Port Holdings Co. private after shares of the state-owned conglomerate’s unit slid in Hong Kong this year, according to people with knowledge of the matter.

April 28, 2020
GovernmentBusinessFuel

CARB Approves Amendments to Reduce NOx Emissions in B20 Biofuels

The California Air Resources Board has conditionally approved a slate of regulatory amendments intended to more closely monitor the additives blended into B20 biodiesel that so far have not been deemed effective at mitigating oxides of nitrogen in the alternative diesel fuel.

April 28, 2020
BusinessEquipment

Caterpillar Sees Virus Pain Intensifying After Profit Trails

The world’s biggest maker of mining and construction equipment is predicting that the pain from the coronavirus crisis is far from over.

April 28, 2020
BusinessEquipmentFuel

Efforts to Prevent Clogged Diesel Particulate Filters Include Low-Ash Engine Oil, Ensuring Fuel Quality

As engine oil suppliers develop new formulations to protect diesel engines and enhance their efficiency, some are paying particularly close attention to the performance of exhaust aftertreatment systems.

April 28, 2020