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

Average Diesel Price Falls 4.3Ā¢ to $2.437 a Gallon

The nationwide average price of diesel fuel continued its fall this past week, declining 4.3 cents per gallon.

April 27, 2020
GovernmentBusinessSafetyAutonomous

Tesla Rolls Out Feature Designed to Detect Stop Signs, Traffic Lights

After testing on public roads, Tesla is rolling out a new feature of its partially automated driving system designed to spot stop signs and traffic signals.

April 27, 2020
GovernmentBusinessSafety

FMCSA Proposes to Plug ā€˜Information Gap’ in Drug and Alcohol Clearinghouse Rule

The Federal Motor Carrier Safety Administration has issued a proposed rule that would plug an existing ā€œinformation gapā€ to ensure that state driver licensing agencies are prohibited from issuing, renewing, upgrading or transferring a commercial driver license or learner permit to truck drivers with drug and alcohol violations.

April 27, 2020
GovernmentBusinessTechnologySafetyLogisticsAutonomous

NCDOT Looks to Drones as Coronavirus Relief Tool

The North Carolina Department of Transportation is preparing to launch a public-private partnership that will use drones in coronavirus-related relief efforts.

April 27, 2020
GovernmentBusinessLogistics

Virus Is Expected to Reduce Meat Selection, Raise Prices

Meat isn’t going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could face less selection and slightly higher prices.

April 27, 2020
BusinessTop 100

Daseke Selects New Executive Vice President, Chief Financial Officer

Daseke Inc. has appointed trucking industry veteran Jason Bates to the post of executive vice president and chief financial officer.

April 27, 2020
GovernmentBusinessSafety

Trump, Retailers Set to Announce Expanded Coronavirus Testing

President Donald Trump and retailers are expected to announce wider availability of coronavirus tests as his administration seeks to address concerns from states and business leaders that U.S. testing must be more robust for Americans to feel comfortable returning to work.

April 27, 2020
BusinessLogistics

CSX Reports Declines in First-Quarter Earnings, Revenue

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

April 27, 2020
BusinessTechnologyLogisticsAutonomous

UPS to Fly Medications by Drone to Florida Retirement Community

UPS Inc. will use drones to fill prescriptions for residents of The Villages in Florida, one of the country’s biggest retirement communities, amid a lockdown to halt the coronavirus.

April 27, 2020
BusinessFuel

Oil Plunges Back Below $12 With ETF Sell-Off Adding to Pressure

Oil slumped below $12 a barrel as the biggest oil ETF said it will sell out of its June WTI futures position, adding to the downward pressure from a huge glut.

April 27, 2020