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 Demand Throws a Lifeline to Ailing Refineries
With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.
Oshkosh Awarded Contract to Modernize Army Heavy Vehicles
Oshkosh Defense announced the U.S. Army Contracting Command awarded it delivery orders totaling $346.4 million to modernize vehicles in the U.S. Army and U.S. Army Reserve Heavy Tactical fleets.
March 31, 2020Trump Administration Rolls Back Mileage Standards
The Trump administration rolled back ambitious Obama-era vehicle mileage standards March 31, raising the ceiling on damaging fossil fuel emissions for years to come and gutting one of the United States’ biggest efforts against climate change.
China’s Manufacturing Rebounds as Virus Controls Ease
China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed March 30, but an industry group warned the economy has yet to fully recover.
March 31, 2020Transportation Nominees Await Action in Senate
The consideration of senior transportation nominees is among the pending matters before a Republican-led Senate scheduled to resume its legislative agenda April 20.
Southwest Offers First Cargo-Only Flights in Its History
Southwest Airlines Co. will offer the first all-cargo flights in its 48-year history as passenger demand keeps sliding amid the spread of the new coronavirus.
Boy’s Thank You Letter to Truck Drivers Warms Hearts
A heartfelt letter thanking truck drivers, written by a third-grade boy in Arlington, Texas, caught the attention of not only drivers but a network TV news program.
FMCSA Issues Guidance for Drug Testing During Emergency
Federal trucking regulators have issued “reasonable flexibility” guidance for motor carriers and drivers to follow for drug and alcohol testing during the COVID-19 emergency.
Truck Stops, State Associations Offer Free Food, Parking to Drivers
Travel center chains along one of the nation’s busiest freight corridors are offering free meals and parking to truck drivers making deliveries to help the nation battle the COVID-19 virus.
Automakers Are About to Give an Inkling of the Sales Collapse Ahead
A year that started off well for the U.S. auto market, with only a subtle downshift expected following years of strong demand, is suddenly shaping up to be a disaster.