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.

BusinessEquipmentFuel

Stemco Ceases Manufacturing of TrailerTail, Other Products

Industry supplier Stemco has discontinued production of its TrailerTail product, which helped pioneer improved aerodynamics at the rear of the trailer.

April 14, 2020
GovernmentBusinessSafety

FMCSA Expands COVID-19 Waiver to Accommodate CDL Skills Tests

The Federal Motor Carrier Safety Administration has expanded its COVID-19 emergency declaration to allow examiners to conduct commercial driver license skills tests without being physically in the truck, using such technologies as in-cab cameras, online testing and cellphones.

April 14, 2020
GovernmentBusinessLogistics

Coronavirus Stimulus Boosts Access for Funding Harbors, Ports

Additional funding for the Army Corps of Engineers to pursue port maintenance projects was approved in the $2.2 trillion economic stimulus package that recently was signed into law.

April 14, 2020
GovernmentBusiness

Federal Regulators Exempt Expired TWIC Cards Through July 31

The Transportation Security Administration has granted a temporary exemption for the expiration of Transportation Worker Identification Credentials through July 31 for cards that expired after March 1.

April 14, 2020
BusinessTechnologyEquipmentTCA

Goodyear Offers ‘Zero Contact’ Customer Service, Announces Convoy Collaboration

People who go to a Goodyear Auto Service store for such things as an oil change or new tires have a new “zero contact†option that limits face-to-face interactions during the COVID-19 coronavirus outbreak.

April 14, 2020
GovernmentBusinessFuel

Trump Negotiating to Lease Oil Storage Space to Nine Companies

The U.S. Energy Department is negotiating with nine companies to rent about 23 million barrels of oil storage capacity in its Strategic Petroleum Reserve as part of a Trump administration bid to help drain the country’s growing glut of crude.

April 14, 2020
BusinessTechnologyAutonomous

Tesla Headed for More Than 50% Rally in Just Seven Sessions

Tesla Inc. is headed for its seventh straight session of gains after Credit Suisse upgraded the electric-car company whose stock has been on a tear since its first-quarter delivery report.

April 14, 2020
GovernmentBusinessFuel

Diesel Sheds 4.1¢ a Gallon to $2.507 as Slide Continues

Diesel fuel prices continued their steady downward slide April 13, according to the Energy Information Administration.

April 13, 2020
BusinessLogistics

Regency Transportation Acquires S&M Transport

Regency Transportation & Distribution has acquired the assets of S&M Transport of Edison, N.J., the company announced April 13.

April 13, 2020
BusinessLogistics

Amazon Moves to Stock More Nonessential Items in Warehouses

Amazon .com Inc. will slowly increase the assortment of products that can be shipped to its warehouses this week, easing restrictions instituted in March that prioritized essential goods such as medical supplies, groceries and pet food amid the pandemic.

April 13, 2020