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.
Multiple States Cancel Truck Driving Championships
Arizona, New Hampshire, Vermont and Connecticut have canceled their state truck driving championships over coronavirus-related concerns.
Trump Revives Infrastructure Ideas, Urges $2 Trillion Spending
President Donald Trump called on Congress to provide $2 trillion for U.S. infrastructure, seizing on the coronavirus outbreak to try once again to advance one of his longest-standing priorities.
DOT Opens Funding Opportunity for University Transportation Centers
The U.S. Department of Transportation recently announced a competitive grant solicitation that makes nearly $5 million available as part of its University Transportation Centers program.
Mnuchin Asks Airlines to Propose Financial Stake in Aid Bid
Airlines will be required to propose up-front how the federal government could retain financial stakes in their companies in exchange for a share of $61 billion in coronavirus aid designated for the industry, according to guidelines released by the Treasury Department.
ATA's Chris Spear: Industry Thankful for Cooperation, but Challenges Remain
American Trucking Associations President Chris Spear is proud of the work his industry is doing to help the nation through the COVID-19 crisis, but notes that challenges lie ahead for business and government as the country remains stymied by the virus.
VTNA, Fontaine Modification Partner on Day Cab
Volvo Trucks North America is partnering with Fontaine Modification Co. to offer its Auto Hauler 300 model, a day cab, at an unladen 94.5-inch height.
March 31, 2020FMCSA Issues COVID-19 Waiver for Truck Drivers With Learner Permits
Federal trucking regulators have issued a three-month waiver that will allow truck drivers with commercial learner permits to operate during the COVID-19 emergency without a commercial licensed driver in the front seat of the cab, provided the CDL driver is in the truck.
Diesel Drops 7.3ยข to $2.586 a Gallon in 12th Straight Decline
The U.S. average retail price of diesel fell 7.3 cents to $2.586 per gallon, the Department of Energy reported March 30.
Some Instacart, Amazon Workers Strike as Jobs Get Riskier
Some Instacart and Amazon warehouse workers walked off the job March 30 demanding greater safeguards against the coronavirus, even as both companies are speed-hiring hundreds of thousands of new workers to handle a surge in delivery orders.
Does Your Business Belong on Our List of Top 100 For-Hire Companies?
Think your company deserves a spot on our prestigious 2020 For-Hire Carriers rankings?
March 30, 2020