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.

GovernmentBusinessSafetyLogistics

UPS Helping With Coronavirus Testing Sites

UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16.

March 18, 2020
GovernmentBusinessLogisticsTCA

Kroger CEO: 鈥楾here鈥檚 Plenty of Food in the Supply Chain鈥

Kroger CEO Rodney McMullen urges the public to remember that the grocery business deals in perishable goods and is set up to constantly ship and refill store shelves.

March 18, 2020
BusinessEquipmentSafety

Commercial Vehicle World Focuses on Business Continuity

While truck drivers are out delivering freight to restock bare shelves or deliver medicines and other vital goods, commercial vehicle manufacturers, dealers and suppliers in the midst of the coronavirus pandemic are focused on keeping their employees healthy and ensuring services, equipment and components remain available to fleets.

March 18, 2020
GovernmentBusinessBreaking News

US to Close Canadian Border; Trade Not Affected

The duration of a temporary ban on nonessential travel between the United States and Canada could be a month, President Donald Trump told reporters at the White House on March 18.

March 18, 2020
BusinessSafety

Detroit Automakers Agree to Rotating Partial Shutdown of Plants

General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles NV will partially shut down their U.S. plants on a rotating basis in an effort to contain the spread of the coronavirus.

March 18, 2020
GovernmentBusinessTechnologySafetyTCA

Tesla鈥檚 Fremont Factory Forced to Shut Down Under Shelter-in-Place Order

After some confusion, the Alameda County Sheriff鈥檚 Department in California said March 17 the car plant was not 鈥渆ssential,鈥 and like most other businesses must shut down under the county鈥檚 shelter-in-place order that took effect March 17.

March 18, 2020
BusinessSafety

Chinese Port Restricts Ships From Virus-Hit Nations for 14 Days

The port of Fuzhou in eastern China is restricting vessels arriving from nine countries including the U.S. and Singapore in efforts to limit the spread of coronavirus by visiting ships and their crew.

March 18, 2020
BusinessTechnologyEquipment

Meritor Terminates Agreement With Wabco

Meritor Inc. announced the distribution agreement between the company and a subsidiary of Wabco Holdings Inc. was terminated effective March 13.

March 18, 2020
GovernmentBusinessLogistics

ATA鈥檚 Spear Urges White House Action on Coronavirus to Keep Trucks Moving

American Trucking Associations is asking the Trump administration to take specific steps that will help the trucking industry in its efforts to keep stores and medical facilities stocked with supplies as the country battles the coronavirus pandemic.

March 17, 2020
GovernmentBusinessTop 100

FedEx Reports Mixed Earnings; Leadership Cites Impact of Coronavirus

FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.

March 17, 2020