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.
FMCSA Distributes 1 Million Masks to Truckers
The Federal Motor Carrier Safety Administration is distributing 1 million protective masks to commercial truck drivers to enhance safety during the coronavirus pandemic.
Schneider National Reports $43.8 Million Net Income for Q1
Schneider National posted a 19% gain in first-quarter net income, the Green Bay, Wis., company reported April 30.
Meatpackers Welcome Trump Order; Others Question Virus Risks
Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said April 29 that they welcomed President Donald Trump’s executive order requiring them to stay open, but unions, some employees and Democrats questioned whether workers could be kept safe.
Boeing Gets $50 Billion of Orders for Bonds Amid Strong Demand
Boeing Co. has already received $50 billion of orders for its bond offering April 30, as the company comes off of one of its worst quarter on record with the pandemic upending the global aviation industry.
ATA Updates Rules for Next Year’s Truck Driving Championships
American Trucking Associations’ National Truck Driving Championships committee has issued rule changes and recommendations for the 2021 competition season.
Volvo Turns 3D Printers From Making Truck Parts to Face Shields
Emmanuel Fargeon has been 3D printing truck parts for Volvo for 23 years, but he never imagined he’d be creating personal protective equipment on one.
EPA, NHTSA Can Regulate Trailer Emissions, Agencies’ Attorneys Say
The Department of Justice has filed a legal document with the U.S. Court of Appeals for the District of Columbia supporting federal regulators’ authority to enforce an Obama-era greenhouse gas emissions rule to include first-ever federal regulation of greenhouse gases and fuel efficiency for trailers.
VW’s Diesel Woes Mount as EU Court Adviser Attacks Defeat Device
Volkswagen AG’s use of technology that helped it to cheat on diesel engine pollution tests violated European Union rules, an EU legal adviser warned in the second setback for the automaker at the bloc’s highest court this month.
30 Million Have Sought Unemployment Aid Since Virus Hit
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
Trump Shines Spotlight on Infrastructure Amid Uncertain Legislative Agenda
President Donald Trump continues to press lawmakers to take up an infrastructure funding package as part of ongoing COVID-19 relief efforts.