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.
Trucking’s Role in Restarting Economy Requires Measured Pace
As state and local governments gradually begin loosening stay-at-home orders issued to slow the spread of the novel coronavirus, trucking industry experts are exploring how the industry can best respond to this next phase of the country’s response to the pandemic.
Oil Jumps to Five-Week High Amid Optimistic Demand Outlook
Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.
10 Actions You Can Take Today to Avoid Skyrocketing Insurance Premiums
The start of 2020 has been chaotic to say the least. This is on top of rising insurance premiums and increased nuclear verdicts. While most fleets experience double-digit-percentage coverage increases, what can you do to lower – or maintain - your premiums, reduce your liabilities and protect your fleet?
May 14, 2020VW, Ford Forge Ahead With EV Technology Sharing to Cut Costs
Volkswagen AG and Ford Motor Co. are pushing ahead with plans to team up on electric- and self-driving vehicles even as the coronavirus derails other projects, according to people familiar with the matter.
FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers
The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers.
UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
Police Visit Tesla Plant, Underscoring Confusion on Lockdown Loosening
Police visited Tesla Inc.’s sole U.S. car plant May 13 to assess whether the electric car maker was adhering to safety protocols agreed to with the county that Elon Musk publicly said he would defy earlier in the week.
Eric Parker, ATA Vice President of Membership Sales, Dies at 50
Eric Scott Parker, who grew up in a trucking family and spent his professional career in the industry, died suddenly on May 11. He was 50.
Trucking Cleaning & Safety Tips for Fleets During COVID-19
Truckers are vulnerable when it comes to health concerns – including the Coronavirus outbreak (COVID-19). Fleets need to ensure the safety of their drivers, staff, and facilities. Download this whitepaper for COVID-19 safety tips and cleaning guides, awareness posters, and more.
May 14, 202036 Million Have Sought US Unemployment Aid Since Virus Hit
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.