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.

GovernmentBusinessSafety

US Unemployment Claims Hit 6.6 Million, Competition Mounts for Masks

The economic damage from the coronavirus crisis piled up as an unprecedented 6.6 million Americans filed for unemployment benefits in a single week, and the competition for masks and other protective gear intensified amid growing evidence that people who are infected but have no symptoms can spread the virus.

April 2, 2020
BusinessEquipment

Paccar Extends Production Shutdown

Paccar Inc. announced it will extend to April 20 its suspension of truck and engine production at its factories worldwide.

April 2, 2020
BusinessSafety

Boeing to Offer Buyouts, Mull Output Cuts Amid ‘New Reality’

Boeing Co. is offering buyouts to its entire staff of 161,000 people and weighing new output reductions as the coronavirus pandemic threatens to depress aircraft sales for years.

April 2, 2020
GovernmentBusinessSafety

Pelosi Looks to Infrastructure for Next Coronavirus Crisis Response

House Democrats’ next legislative response to the coronavirus pandemic will focus on reviving long-standing infrastructure priorities, such as improving freight and commuter mobility.

April 1, 2020
BusinessEquipmentSafety

Meritor Suspends Activity as Other Suppliers Take Corrective Actions Amid COVID-19

Commercial vehicle supplier Meritor Inc. announced it halted production at most of its commercial truck facilities throughout North and South America, India and Europe on a temporary basis as a result of the spread of the coronavirus.

April 1, 2020
BusinessLogisticsTop 100

Airlines Shift to Cargo as Passenger Volume Falls Dramatically

Faced with hundreds of parked planes and near-empty flights as a result of the coronavirus pandemic, some of the world’s biggest airline executives are turning their focus to cargo.

April 1, 2020
GovernmentBusiness

House Democrats Push for Infrastructure in Next Coronavirus Bill

House Speaker Nancy Pelosi said the next coronavirus stimulus bill should include at least $760 billion over five years for water projects, broadband and transportation — plus $10 billion for community health centers and more for housing and education — as a way to strengthen U.S. infrastructure and the economy.

April 1, 2020
GovernmentBusiness

US, Global Manufacturing Contracted in March

Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.

April 1, 2020
GovernmentBusinessFuel

Trump: World’s Biggest Oil Producers to Meet on Market Crash

President Donald Trump said the U.S. would meet with Saudi Arabia and Russia with the goal of stanching a historic plunge in oil prices.

April 1, 2020
GovernmentBusinessLogisticsTop 100

For Some Fleets, Adding Drivers Is a Mission

In the freight-hauling sector, certain loads have dwindled to a trickle. Other parts of the trucking industry are booming to meet the demand for necessary consumer goods and medical supplies, and adding drivers however they can.

April 1, 2020