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.

BusinessSafetyLogistics

ATRI Coronavirus Study Shows Truck Activity Spike, Dip in Six States

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, 2020
GovernmentBusiness

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, 2020
BusinessTop 100

Knight-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, 2020
BusinessEquipment

Alcoa 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, 2020
GovernmentBusiness

26 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, 2020
BusinessTop 100

TFI 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, 2020
GovernmentBusinessLogistics

Food 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, 2020
GovernmentBusiness

Trump 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, 2020
BusinessLogistics

Virus 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, 2020
Business

Carmakers 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, 2020