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, Technology, Autonomous

Democratic Senators Raise Cybersecurity Concerns About Autonomous Vehicles

Two key senators are pushing to enhance cybersecurity protections for autonomous vehicles absent a comprehensive policy proposal about the technology in Congress.

Eugene Mulero | Senior Reporter
June 22, 2020
Business, Fuel

Oil Hovers Near $40 With Investors Weighing Virus Against Demand

Oil hovered near $40 a barrel in New York as investors weighed a resurgence in the coronavirus against signs of rebounding demand.

June 22, 2020
Business, Technology

PowerFleet Outfits Trailers for Rusken Packaging

PowerFleet Inc. was selected by Rusken Packaging to outfit the private fleet’s trailers with the PowerFleet LV-500 solar-tracking solution and the PowerFleet LV-710 freight camera.

June 22, 2020
Business, Equipment

Kenworth Sales Las Vegas Moves Into New Facility

Kenworth Sales Co. Las Vegas has relocated its full-service dealership to a newly constructed facility to meet increasing customer demands.

June 22, 2020
Government, Business, Safety

NHTSA Projects Fewer Q1 Year-Over-Year Traffic Fatalities

A statistical projection of overall traffic fatalities for the first quarter of 2020 shows that an estimated 7,780 people died in crashes, a decrease of nearly 1%, or 70 fewer fatalities compared with the first quarter of 2019, according to the National Highway Traffic Safety Administration.

Eric Miller | Senior Reporter
June 22, 2020
Government, Business, Logistics

Supreme Court Rejects Challenge to Trump’s 25% Steel Tariffs

The U.S. Supreme Court left intact President Donald Trump’s 25% tariffs on imported steel products, rejecting an industry trade group challenge that sought to strip the president of a powerful legal tool for imposing duties.

Greg Stohr | Bloomberg News
June 22, 2020
Business, Safety

Drivers for U.S. Xpress Discuss Life on the Road During Coronavirus Pandemic

Truck drivers and those they encounter daily have worked together and remained positive while navigating the challenges inherent in doing their jobs in the COVID-19 era, several drivers recently said.

Connor D. Wolf | Staff Reporter
June 22, 2020
Government, Business, Top 100

Unveiling the 2020 Top 100 For-Hire Carriers

The COVID-19 pandemic has transformed 2020 into a challenging and unprecedented year for the trucking industry, but at least for now, Transport Topics' annual ranking of the largest for-hire carriers in North America remains fairly stable.

Seth Clevenger | Managing Editor, Features and Multimedia
June 22, 2020
Business, Safety, Top 100

Sanitation, Social Distancing Become New Normal in Trucking

Fleets have established heightened cleaning procedures and have implemented social distancing measures at loading docks to help protect drivers from COVID-19 as they deliver essential goods.

Mindy Long | Special to Transport Topics
June 22, 2020
Business, Equipment, Top 100

Truck Orders Slow to Crawl Amid Pandemic

Market uncertainty due to the effects of COVID-19 has depressed demand for new trucking equipment, with new Class 8 truck orders sinking to a 25-year low.

Rip Watson | Special to Transport Topics
June 22, 2020