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.

BusinessTechnologyEquipmentFuel

Is Tesla Bigger Than Toyota? It’s Complicated

Many investors, including those using financial data terminals such as Bloomberg’s, were seeing something very different — that Tesla still had to gain more than $25 billion in market value to surpass Toyota.

June 15, 2020
BusinessTechnologyLogistics

Shopify Advances After Deal With Walmart Expands Reach

Walmart Inc. has partnered with e-commerce giant Shopify Inc. to expand its third-party marketplace site and grab more of the pandemic-fueled surge in online shopping. Shares of the Canadian technology company rose June 15.

June 15, 2020
BusinessTechnologyEquipment

KLLM Adds Intermodal Containers With Vector 1550 Refrigeration Units

KLLM Transport Services has added 610 domestic intermodal refrigerated containers that use Carrier Transicold’s thin-profile Vector 1550 refrigeration systems.

June 15, 2020
BusinessSafetyFuel

Fears of Second Virus Wave Fizzle Oil Market

Oil fell again as a fresh coronavirus outbreak in China, and increases in cases elsewhere, spurred concerns that a second wave of the virus will derail a nascent economic recovery.

June 15, 2020
BusinessTechnologyLogistics

Industry Trends, Driver Preference Pave Way for Hub-to-Hub Routes

Some motor carrier executives, freight brokerages and others in the industry are using hub-to-hub business models that address the problems of driver turnover, deadhead miles and long waits at loading docks by reshaping how cargo is shipped.

June 15, 2020
GovernmentBusinessTechnologyEquipmentPerspective

Perspective: Federal Excise Tax Relief Can Aid Recovery

The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.

June 15, 2020
GovernmentBusinessSafety

Marijuana Accounts for Most Failed Drug Tests, Clearinghouse Report Shows

More than 10,000 positive drug tests for marijuana were reported to the federal Drug & Alcohol Clearinghouse through the end of May this year, distinguishing pot by far as the banned drug of choice for truck drivers failing tests, according to new numbers released in a Clearinghouse report June 11.

June 12, 2020
BusinessFuel

Texas Oil-Export Terminals Start Up Even as Shipments Tumble

Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for U.S. crude.

June 12, 2020
BusinessEquipment

Medium-Duty Sales Tumble 33% in May

U.S. retail sales of medium-duty trucks fell across the board in May, landing below 15,000, WardsAuto.com reported.

June 12, 2020
BusinessEquipment

Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery

Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.

June 12, 2020

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics