Although trucking activity spiked across six states during the coronavirus pandemic’s early days, a recent analysis from the American Transportation Research Institute indicates that such freight activity has declined.
April 23, 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.
Experts’ Pessimism Deepens Over Economy’s Health
The U.S. economy likely will shrink when first-quarter gross domestic product figures are released by the federal government’s Bureau of Economic Analysis on April 29.
April 23, 2020Knight-Swift Reports Decline in Q1 Net Income, Revenue
Knight-Swift Transportation Holdings reported a decline in net income for the first quarter of 2020 due partially to the effects of tax and foreign currency fluctuations, and also reported a decline in revenue for the period.
April 23, 2020Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market
One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis.
April 23, 202026 Million Have Sought US Jobless Aid Since Virus Hit
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said April 23.
April 23, 2020TFI Posts Solid Q1 Results; Workforce Measures Taken
TFI International Inc. posted a strong first quarter, logging record operating income for the period and solid profit growth.
April 23, 2020Food Trucks Hit Snags in Securing Permits for Rest Stops
A plan by federal regulators to allow food trucks at rest areas has hit some speed bumps.
April 22, 2020Trump Focused on Infrastructure for Next Stimulus Package
After Congress cleared a nearly $500 billion small-business assistance bill, the Trump White House intends to pursue funding for infrastructure projects in the next economic stimulus measure.
April 22, 2020Virus Exposes Supply Chain Problems Across Industries
The auto industry is just one of many whose supply chains have been impacted by the coronavirus outbreak.
April 22, 2020Carmakers Headed for 50% Sales Dive Can Breathe Easier
Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.
April 22, 2020Trending
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