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

Automakers Shut North American Plants Outright Over COVID-19 Fears

Concerns about the spreading coronavirus forced most of North America’s auto plants to close, at least temporarily.

March 19, 2020
GovernmentBusinessSafety

Senate Clears Second Coronavirus Emergency Bill

The Senate on March 18 cleared for President Donald Trump a multibillion-dollar aid package targeting individuals affected by the coronavirus disease, known as COVID-19.

March 18, 2020
GovernmentBusinessSafety

FMCSA Issues Expanded HOS Emergency Declaration

The Federal Motor Carrier Safety Administration on March 18 issued an expanded national emergency declaration to provide hours-of-service regulatory relief to commercial vehicle drivers transporting emergency supplies in response to the coronavirus outbreak.

March 18, 2020
GovernmentBusiness

Stocks Drop as Recession Fears Take Hold; Dow Loses 1,300

After a brutal few weeks, the Dow has now lost nearly all of its gains since President Donald Trump’s inauguration.

March 18, 2020
GovernmentBusiness

Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows

The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.

March 18, 2020
BusinessFuel

Oil Floating-Storage Trade Is a Go After Crude’s Latest Tumble

The latest collapse in oil prices has put in play a lucrative trade to store crude at sea, reviving memories of the 2008-09 recession when millions of barrels were kept on the world’s oceans.

March 18, 2020
BusinessLogistics

DHL Highlights Top Trends for Packaging

The biggest emerging trends in packaging are stemming from e-commerce, customer interaction, the in-store experience and sustainability, according to DHL Supply Chain.

March 18, 2020
BusinessTechnologyEquipmentSafety

Averitt Announces New Safety, Efficiency Initiatives

Averitt Express in a pair of news releases has announced initiatives aimed at improving the safety of its drivers and the efficiency of its deliveries.

March 18, 2020
GovernmentBusinessSafety

Treasury Proposes Delivering $500B to Americans Starting April

The Treasury Department said March 18 it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.

March 18, 2020
BusinessEquipment

Medium-Duty Market Creeps Higher on Mixed Sales

Medium-duty sales in February posted a 5% gain as the two lighter segments offset weakness in the heavier two, WardsAuto.com reported.

March 18, 2020