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.

BusinessTechnologyFuel

Tesla Beats Delivery Expectations, Sending Shares Surging

Tesla Inc. reported a sequential gain in quarterly deliveries that seemed improbable weeks ago, sending its stock surging toward Wall Street’s most bullish price target.

July 2, 2020
GovernmentBusinessSafety

FAA Concludes Three Days of Test Flights of Boeing’s 737 Max

Testing of the 737 Max jetliner’s revised flight-control systems by U.S. regulators and Boeing Co. wrapped up July 1, laying the foundation for the plane’s possible return to service later this year.

July 2, 2020
GovernmentBusiness

US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs

The U.S. unemployment rate fell to 11.1% in June according to the Labor Department as the economy added 4.8 million jobs and the easing of coronavirus-related restrictions allowed more businesses to reopen while bringing back some of their employees.

July 2, 2020
GovernmentBusinessTechnology

House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance

WASHINGTON — The Democratic-controlled House approved a $1.5 trillion plan July 1 to rebuild the nation’s crumbling infrastructure, pouring hundreds of billions of dollars into projects to fix roads and bridges, while also delaying implementation of hours-of-service revisions and increasing liability insurance minimums.

July 1, 2020
GovernmentBusinessSafety

Is Density Related to COVID-19 Infection Rates? These Experts Say No

Density is not related to confirmed COVID-19 infection rates, according to a study from a team of public health and planning experts.

July 1, 2020
BusinessEquipmentSafety

Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says

Though cargo theft is a year-round problem for trucking, it is more of a concern around the July Fourth holiday, according to a report by CargoNet.

July 1, 2020
Business

Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring

Daimler AG CEO Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the COVID-19 pandemic.

July 1, 2020
BusinessEquipmentLogistics

Manufacturing Bounces Back in June on Reopenings

U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic.

July 1, 2020
GovernmentBusinessTechnologyFuel

Will CARB, EPA ‘Harmonize’ Their NOx Standards?

California regulators already have issued a proposal aimed at lowering oxides of nitrogen and particulate matter emissions for new trucks built beginning in 2024, but federal regulators are still working to craft a separate nationwide low-NOx and PM proposal scheduled to take effect in 2027.

July 1, 2020
GovernmentBusinessEquipmentSafetyFuel

House Climate Change Plan Tackles Heavy-Duty Equipment at Ports

House Democrats say Congress should increase funding for programs at EPA and the Department of Energy to reduce emissions from equipment at ports.

July 1, 2020

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