Business
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.
House Considers Electric Vehicles Legislation
Senate-passed legislation meant to promote access to electric vehicles around the country will be under consideration before the U.S. House of Representatives this month.
Hurricane Sally to Hit New Orleans, Alabama Coast
Hurricane Sally will begin hammering the U.S. Gulf Coast with flooding rains late Sept. 14, before making landfall between New Orleans and Mobile, Ala., and potentially causing as much as $3 billion in losses and damage.
Alabama Awards $1.5 Million for Infrastructure Projects
Leading Alabama officials have announced $1.5 million in funding will be awarded to cities and counties for local road and bridge projects.
August Class 8 Sales Hit Highest Mark of 2020
U.S. Class 8 retail sales in August hit the high point of the year, clearing 17,000 as Freightliner notched a leading 41.1% market share, WardsAuto .com reported.
OPEC Forecasts Lower Demand; BP Sees ‘Peak Oil’ in 2020s
Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Sept. 14 as it cut its forecasts.
September 14, 20202020 National Truck Driver Appreciation Week
National Truck Driver Appreciation Week for 2020 is upon us! Fleets and others in the industry are rolling out the red carpet Sept. 13-19 to show truck drivers appreciation for all they do. Here's a roundup of some of that recognition.
September 13, 2020Videos - Trucking's Frontline Heroes
Watch video interviews with five of Trucking’s Frontline Heroes; hear them describe in their own words why it was important for them to risk their own health concerns to keep essential goods moving.
September 12, 2020Major Companies Reject Trump's Payroll Tax Deferral
A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.
Estes Partners With Clean Energy to Expand RNG Vehicle Fleet
Clean Energy Fuels Corp. announced Sept. 9 that Estes Express Lines is adding 50 of its renewable natural gas trucks.
September 11, 2020XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit
XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.
September 11, 2020