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.

BusinessSafety

Insurers Return Money to Customers During Driving Slump

Auto insurers Allstate Corp. and American Family Insurance are returning some money to customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving.

April 6, 2020
BusinessLogistics

Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession

Research from companies that track trucking data suggests that while the spot rate market amid the COVID-19 crisis may be settling, the long-term effects of this steadying could be good for the industry.

April 6, 2020
GovernmentBusinessSafetyFuel

Virus Will Take Toll on State Transportation Revenue, Experts Say

Experts indicate the coronavirus pandemic will have a significant negative effect on state revenue, including funding that supports transportation projects.

April 6, 2020
BusinessEquipment

Hendrickson Adds to Front Steer Axles

Hendrickson Truck Commercial Vehicle Systems announced the expansion of its Steertek NXT portfolio of fabricated front steer axles to include 10,000- and 12,000-pound capacities.

April 6, 2020
GovernmentBusinessFuel

VW Used Defeat Devices in Diesel Engines, UK High Court Rules

A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.

April 6, 2020
BusinessTechnologyEquipmentFuel

Options Expand for Trailer Aerodynamics

Many trucking companies add various aerodynamic systems to their trailers to boost fuel economy, but how much fuel can these products truly save in real-world operating conditions?

April 6, 2020
BusinessTechnology

Stoneridge Names James Zizelman President of Control Devices Division

Stoneridge Inc., a supplier of engineered electrical and electronic components for the commercial vehicle and automotive industry, named James Zizelman president of the control devices division.

April 6, 2020
BusinessSafety

Instructional Technologies Offers Free Course on COVID-19 Safety

Instructional Technologies Inc., a provider of training solutions for the transportation industry, announced it is offering a free course for drivers on COVID-19 safety.

April 6, 2020
GovernmentBusiness

Pelosi Pulls Back on Infrastructure in ‘Phase Four’ Stimulus

House Speaker Nancy Pelosi scaled back her ambitions for Congress’ next coronavirus stimulus package to focus on additional direct payments to individuals and expanded loans to businesses, possibly leaving an $800 billion infrastructure plan and other Democratic priorities for a later bill. (With video)

April 3, 2020
GovernmentBusinessSafetyLogistics

DOT Ready to Help Truckers as They Support Country, Elaine Chao Says

Transportation Secretary Elaine Chao told Transport Topics during an exclusive interview that her agency stands ready to build on the actions it already has taken to help trucking support the country through the coronavirus crisis.

April 3, 2020