Business

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.

Government, Business, Safety

Florida Program Encourages Truckers to Fight Human Trafficking

Florida officials recently launched the Highway Heroes campaign, which aims to involve truck drivers in the fight to end human trafficking.

Eleanor Lamb | Staff Reporter
October 27, 2020
Business, Equipment

September Factory Orders Up 1.9%

Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.

Martin Crutsinger | Associated Press
October 27, 2020
Business, Technology, Safety

Lytx Technology Allows Driver Monitoring Without Recording Video

Video telematics company Lytx has introduced a new series of services ranging from improved driver monitoring to optional in-cab video recordings.

Connor D. Wolf | Staff Reporter
October 27, 2020
Government, Business, Safety

Hurricane Warning for New Orleans as Zeta Swirls Over Mexico

Storm-weary Louisiana is once again under a hurricane warning, with Zeta leaving Mexico’s Yucatan Peninsula on a path that could hit New Orleans the night of Oct. 28.

Gabriel Alcocer | Associated Press
October 27, 2020
Government, Business

Stimulus Hope on Hold Until After Election as Senate Leaves

U.S. senators departed the Capitol for a pre-election break Oct. 26, making the logistics for passing a fiscal stimulus package by Nov. 3 practically impossible, leaving the economy more vulnerable to damage from a resurgent coronavirus pandemic.

Erik Wasson and Billy House | Bloomberg News
October 27, 2020
Business, Top 100

Covenant Logistics Reports Mixed Results for Q3

Covenant Logistics Group reported increased earnings on lower income during the third quarter, the carrier reported Oct. 26.

Connor D. Wolf | Staff Reporter
October 27, 2020
Business, Technology, Logistics

PortPro Introduces New Drayage TMS

PortPro Technologies introduced a new transportation management system intended to address the needs of drayage carriers.

October 27, 2020
Business, Technology, Equipment, Autonomous, Breaking News

Daimler, Waymo Partner to Develop Autonomous Trucks

Daimler Trucks and Waymo have announced an agreement to produce highly automated Level 4 commercial vehicles by combining Daimler’s trucks with Waymo’s technology.

Seth Clevenger | Managing Editor, Features and Multimedia
October 27, 2020
Government, Business, Fuel

Diesel Dips for Seventh Time in Eight Weeks; Zeta Pounds Gulf Coast

The national average price of diesel decreased three-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 26. The drop is the seventh in the past eight weeks.

Dan Ronan | Senior Reporter
October 26, 2020
Government, Business

Public Views Trucking Industry Favorably in Pandemic Era, Newhouse Says

The jobs performed by the country’s truckers helped to ensure the viability of an economy hit hard by the pandemic, according to recent research.

Eugene Mulero | Senior Reporter
October 26, 2020