Business

Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.

Truck dealership Rush Enterprises posted lower net income and revenue as it forecast a gradual recovery from the effects of the COVID-19 pandemic.

The digital transformation of the commercial transportation industry is setting the stage for further innovation that promises to unlock new levels of freight efficiency, technology executives said.

It’s been a busy but productive year for FMCSA officials, Deputy Administrator Wiley Deck said Oct. 23 during American Trucking Associations’ Management Conference & Exhibition.

Rand McNally announced its acquisition by private equity firm Teleo Capital is completed, and that Teleo named Joseph Roark chairman of the 164-year-old company.

Coaching programs should be geared to the drivers who are receiving training, according to panelists at American Trucking Associations’ Management Conference & Exhibition.

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin Oct. 23 put the onus on each other to re-energize flagging stimulus talks as prospects for action on virus relief legislation before the election are fading fast.

Reduced highway traffic during the ongoing COVID-19 crisis has lowered the risk of crashes, but this silver lining of the pandemic has provided only a temporary reprieve for trucking companies that have seen escalating insurance costs in recent years.

High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets.