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, Safety

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.

Eleanor Lamb | Staff Reporter
April 30, 2020
Business, Logistics, Top 100

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.

Connor D. Wolf | Staff Reporter
April 30, 2020
Government, Business, Safety, Logistics

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.

Stephen Groves | Associated Press
April 30, 2020
Business

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.

April 30, 2020
Business, Safety

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.

Eleanor Lamb | Staff Reporter
April 30, 2020
Business, Technology, Safety, TCA

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.

Carl Wilson | News & Record (Greensboro, N.C.)
April 30, 2020
Government, Business, Technology, Equipment

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.

Eric Miller | Senior Reporter
April 30, 2020
Government, Business, Fuel

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.

April 30, 2020
Government, Business

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.

Christopher Rugaber | Associated Press
April 30, 2020
Government, Business, Safety

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.

Eugene Mulero | Senior Reporter
April 29, 2020