Regional planners should balance the interests of freight haulers and local residents as they consider transportation needs, according to experts.
April 16, 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.
Crunch Time Coming for World’s Supply Chains
COVID-19 is about to put the global trading system through its most dramatic stress test since World War II, with supply lines for essential food and medical goods entering a critical phase as the pandemic peaks in the U.S. and Europe.
April 16, 2020Electric Vehicles Buoyed by Backlog — and Fresh Air
As COVID-19 crunches car sales globally, a backlog of orders has helped electric vehicles maintain momentum in much of the world — better than gas-powered cars and trucks.
April 16, 2020FMCSA Medical Board to Discuss Driver Seizure Policy
A Federal Motor Carrier Safety Administration medical advisory board is planning to discuss possible changes to the agency’s strict requirement for truck drivers with a history of seizures to be granted special exemptions before getting behind the wheel.
April 16, 2020Record 22 Million Have Sought US Jobless Aid Since Virus
The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week, the government reported April 16.
April 16, 2020Virus Causing Disruptions at Europe’s Largest Port
The coronavirus is set to further damage trade in the coming months, threatening supply chains and causing oil inventories to swell, according to the head of Europe’s largest port, Rotterdam.
April 16, 2020Paccar to Recall More Than 450,000 Trucks
Paccar Inc. on April 6 issued a recall notice covering hundreds of thousands of trucks over concerns a blown fuse could prevent dashboard illumination.
April 15, 2020Oil Drops to 18-Year Low on Record Demand Collapse
Oil plunged to the lowest in two decades amid a record collapse in U.S. fuel demand and the biggest-ever weekly build in domestic crude supplies.
April 15, 2020Feds Lean on Carriers in Fight Against the Coronavirus
Trucking companies are diligently working with the federal government in an effort to defeat the coronavirus.
April 15, 2020Experts See Steep Declines for Q2
The U.S. gross domestic product will decline by more than 20% on an annualized basis in the second quarter as a result of the coronavirus and the economic shutdown, American Trucking Associations’ chief economist forecasts.
April 15, 2020Trending
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