Trucking Business News

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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.

BusinessEquipment

Fontaine Offers Lowbed Trailer With 60-Ton Capability

Fontaine Heavy-Haul unveiled Fontaine Magnitude 60LCC, a lowbed trailer intended for customers operating in regions where spread-axle configurations are not required to maximize their trailer loads.

July 20, 2020
BusinessTechnology

ZF Updates Diagnostics Software

Parts supplier ZF Friedrichshafen AG announced its North American commercial vehicle control systems division, based in Auburn Hills, Mich., released the latest generation of Wabco Toolbox Plus, a PC-based advanced diagnostics software designed to expedite vehicle and trailer diagnosis.

July 20, 2020
Business

Southwest Air Says 28% of Workers Applied to Take Leave or Exit

Southwest Airlines Co. said 28% of its workforce has agreed to leave the company permanently or temporarily, boosting the carrier’s effort to preserve cash.

July 20, 2020
GovernmentBusinessSafety

FMCSA Virtual Summit to Focus on Truck Safety

The Federal Motor Carrier Safety Administration will hold a virtual trucking safety summit Aug. 5 to solicit ideas and information on improving the safe operation of property-carrying commercial motor vehicles on the nation’s roadways.

July 20, 2020
BusinessFuelTop 100

Halliburton Rises on ‘Outstanding’ Cuts After Frack Slump

Halliburton Co. impressed investors by slashing costs more than expected as the fracking behemoth works its way through an historic shale bust. The shares surged more than 8%.

July 20, 2020
BusinessEquipment

Volvo Reports Q2 Net Loss, Lower Revenue Amid Pandemic

Volvo Group reported a net loss in the second quarter and lower revenue in a period scarred by the novel coronavirus pandemic.

July 17, 2020
BusinessFuel

Oil Prices Tumble on Economic News, Cloudy Recovery

Oil prices recently tumbled as a resurgence in coronavirus cases and impending U.S. layoffs darken the economic outlook.

July 17, 2020
GovernmentBusiness

Global Air Passenger Slump to Last Until 2023, Moody’s Says

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

July 17, 2020
BusinessEquipmentSafety

Trailer Makers Anticipate Rebound After Fleets Recover From Pandemic

The trailer industry was forced to make further production cuts and alter manufacturing processes as the coronavirus pandemic took hold.

July 17, 2020
GovernmentBusinessLogistics

COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts

The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.

July 17, 2020

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