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.

Business, Technology, Safety

Startup Harnesses Data, Telematics in New Insurance Model for Fleets

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

Gary Frantz | Special to Transport Topics
October 23, 2020
Government, Business

Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid

Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid.

Eugene Mulero | Senior Reporter
October 23, 2020
Government, Business, Technology, Fuel, Logistics

EV Mania Turns Battery Makers Into Power Brokers

Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.

October 23, 2020
Business, Top 100

Roehl Works With Former Drivers Through Relaunch Program

Roehl Transport unveiled a program Oct. 21 to add hundreds of jobs for former truck drivers who want to relaunch their careers.

October 23, 2020
Business, Equipment

Whiting Systems Opens New Georgia Distribution Center

Whiting Systems opened a new distribution fulfillment center in Georgia, the company announced Oct. 21.

October 23, 2020
Business, Safety

Confronting COVID-19 in Workplace a Tall Task for Fleets

It takes a robust yet flexible plan from trucking companies to effectively build processes and procedures to curb the risks and spread of COVID-19 in the workplace.

Michael Freeze | Features Editor
October 23, 2020
Business, Safety

Rates Will Increase, But What Else Could 2021 Bring for Truck Insurance?

Year-over-year, motor carriers are having to pay more money for less coverage.

Jennifer Wieroniey | Executive Director, National Accounting & Finance Council, American Trucking Associations
October 23, 2020
Government, Business

Appeals Court Orders Uber, Lyft to Treat Drivers as Employees

Uber Technologies Inc. and Lyft Inc. face the gravest threat yet to their business models after an appeals court ruled they must treat their drivers in California as employees instead of independent contractors.

Joel Rosenblatt | Bloomberg News
October 23, 2020
Business, Safety

Tesla Is Recalling About 30,000 Imported Vehicles in China

Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.

October 23, 2020
Government, Business, Logistics

USPS Ordered to Restore High-Speed Machines for Election Mail

A federal judge ordered the U.S. Postal Service to restore high-speed mail-sorting machines at any facilities that are unable to process first-class election mail quickly enough — a major concern for states as the postal agency continues to struggle with service performance.

Erik Larson | Bloomberg News
October 23, 2020