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, Fuel

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.

Jeffrey Bair | Bloomberg News
March 31, 2020
Government, Business, Equipment

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, 2020
Government, Business, Fuel

Trump 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.

March 31, 2020
Government, Business

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, 2020
Government, Business, Safety

Transportation 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.

Eugene Mulero | Senior Reporter
March 31, 2020
Business, Logistics

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.

Mary Schlangenstein | Bloomberg News
March 31, 2020
Business

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.

Dan Ronan | Senior Reporter
March 31, 2020
Government, Business, Safety

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.

Eric Miller | Senior Reporter
March 31, 2020
Government, Business, Safety, Fuel

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.

Eleanor Lamb | Staff Reporter
March 31, 2020
Business

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.

Keith Naughton | Bloomberg News
March 31, 2020