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, Logistics, Top 100

Daseke Reports Revenue of $391 Million for Q1

Daseke Inc., the Addison, Texas-based flatbed transportation and logistics company, extended its losses in the first quarter as the rate environment softened.

Connor D. Wolf | Staff Reporter
May 7, 2020
Government, Business, Safety

Industry Doubles Transportation Secretary Elaine Chao’s Call to Fight Trafficking

The transportation industry has doubled Transportation Secretary Elaine Chao’s call to commit to practices that help combat human trafficking.

Eleanor Lamb | Staff Reporter
May 7, 2020
Government, Business, Technology, Safety

Iowa Driver Among First in US to Use Technology for CDL Skills Test

Lonnie Orr of Davenport, Iowa, was among the first drivers in the U.S. to take advantage of a federal emergency declaration allowing new drivers to maintain COVID-19 social distancing while having their driving abilities evaluated by a state examiner observing from a trailing vehicle.

Eric Miller | Senior Reporter
May 7, 2020
Business, Fuel

How Switching Fuels Can Grow Your Business

As sustainability becomes more important to regulators and your customers, your fuel may be one of the simplest ways to meet their demands — and yours. In this webinar with Renewable Energy Group, learn how biodiesel and a blend of renewable diesel and biodiesel cut emissions while providing the performance fleets need.

May 7, 2020
Business, Equipment, Fuel

Tanker Truck Industry Faces Challenges as Fuel, Milk Deliveries Decline

Tank truck carriers have been among the trucking industry’s hardest-hit segments during the COVID-19 pandemic.

Dan Ronan | Senior Reporter
May 7, 2020
Government, Business, Equipment, Safety

NHTSA Opts Not to Recall Takata Air Bag Inflators

The U.S. government’s highway safety agency will not force automakers to recall millions of newer Takata air bag inflators, citing industry research that shows the devices are safe.

Tom Krisher | Associated Press
May 7, 2020
Business, Technology, Logistics

Tesla Idles China Plant, Suspending Vehicle Output Worldwide

Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company’s vehicle manufacturing globally.

May 7, 2020
Business, Logistics

ArcBest Records 61% Decline in Q1 Net Income

ArcBest Corp. reported a drop in revenue and profits for the first quarter, and business took a turn for the worse at the beginning of the second quarter amid the coronavirus pandemic.

Jerry Hirsch | Contributing Writer
May 7, 2020
Government, Business

33 Million Have Sought US Unemployment Aid Since Virus Hit

Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades.

Christopher Rugaber | Associated Press
May 7, 2020
Government, Business, Fuel

Oil Jumps After Saudi Arabia Raises Prices to Boost Recovery

Oil surged after Saudi Arabia raised prices for its crude globally.

Alex Longley | Bloomberg News
May 7, 2020