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.

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
GovernmentBusiness

Mnuchin Rebuffs Airlines, Holds Firm on Repayment for Rescue

Treasury Secretary Steven Mnuchin is not budging on strict repayment guidelines for airlines that want taxpayer aid, according to people familiar with the matter, dashing the industry’s hopes for leniency.

April 13, 2020
GovernmentBusinessTechnologySafety

Truckers Exempt From Utah Traveler Declaration Form

Truck drivers and other travelers representing certain industries have been exempted from Utah Gov. Gary Herbert’s recent executive order requiring people entering the state to complete a travel declaration form.

April 13, 2020
GovernmentBusiness

Fear of an Impending Car-Price Collapse Grips Auto Industry

The auto industry — already fretting lengthy factory shutdowns and depressed new-vehicle demand — is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies.

April 13, 2020
GovernmentBusinessSafetyTCA

California Highway Projects Speed Up With Drivers Off Roads

As state and local officials extend stay-at-home orders, road construction crews across California are taking advantage of reduced traffic to speed up projects.

April 13, 2020
GovernmentBusinessSafety

INDOT Awards $126 Million for Local Infrastructure Projects

The Indiana Department of Transportation and Gov. Eric Holcomb recently announced that local government agencies have received a combined $126.5 million in state matching funds to support infrastructure construction projects.

April 13, 2020
BusinessTechnologyLogistics

Satellites Are Helping to Track Food Supplies in the Coronavirus Era

As the coronavirus pandemic leads to anxiety over the strength of the world’s food supply chains, everyone from governments to banks is turning to the skies for help.

April 13, 2020
GovernmentBusinessFuel

OPEC, Oil Nations Agree to Nearly 10 Million Barrel Cut Amid Virus

OPEC, Russia and other oil-producing nations on April 12 finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said.

April 13, 2020
BusinessTechnologyEquipment

Carrier Transicold Unveils Smaller Solar-Charging System

Carrier Transicold announced that its newest solar charging system fits on top of the transport refrigeration unit and delivers more power — faster.

April 13, 2020
BusinessEquipmentSafety

Fleets Weigh Benefits, Drawbacks of Wide-Base Tires Versus Duals

Motor carriers consider many factors — and come to different conclusions — as they evaluate wide-base tires versus standard duals for their tractors and trailers.

April 13, 2020