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, Safety

Focus on Driver Health Renewed Amid Outbreak

Companies are taking steps to ensure that truck drivers have access to adequate information and medical care to mitigate their risk of contracting the COVID-19 virus.

Eleanor Lamb | Staff Reporter
March 26, 2020
Government, Business, Logistics, Top 50, Top 100

Showers of Praise Greet Busy Truckers

As truck drivers crisscross the country hauling goods vital to the fight against the coronavirus, they find themselves at the center of another fast-spreading outbreak: nationwide gratitude. It’s showing up along the roads, on TV, in emails and social media, and even at the White House.

Roger Gilroy | Senior Reporter
March 26, 2020
Government, Business, Equipment

Paccar, DTNA Curtail Production Into April

Paccar Inc. and Daimler Trucks North America, which together represent 70% of Class 8 U.S. retail sales, announced concerns over supply disruptions, weaker customer demand and economic uncertainty amid the coronavirus pandemic have led them to limit or suspend production into April.

Roger Gilroy | Senior Reporter
March 26, 2020
Government, Business

Food Distributors Play Key Role in Coronavirus Crisis

Fleets that haul food and other essential products to keep grocery store shelves stocked are on the front line in the effort to combat the coronavirus pandemic.

Connor D. Wolf | Staff Reporter
March 26, 2020
Government, Business, TCA

Elon Musk Will Reopen Tesla’s Buffalo Factory for Ventilators

Elon Musk says the Tesla factory in Buffalo, N.Y., will reopen for ventilator production to help with the coronavirus pandemic.

Geoff Herbert | Syracuse (N.Y.) Media Group
March 26, 2020
Business, Safety

Putting the Brakes on Rising Insurance Costs

Fleet owners and operators are faced with a convergence of business challenges that have forced some operations to close. Tight shipping rates, increased insurance premiums, and continued driver shortages are pressuring businesses to reconsider long held operational beliefs in order to stay profitable.   In these challenging times, how do commercial fleets create a model of operational excellence that reduces risk and protects their profitability?

March 26, 2020
Government, Business

Ford, Fiat Chrysler, Honda, Toyota Seek to Restart Factories

Ford, Fiat Chrysler, Honda and Toyota took steps March 26 to restart North American factories that have been closed to protect workers from the coronavirus.

Tom Krisher | Associated Press
March 26, 2020
Business, Safety

ATRI, OOIDA Partner on COVID-19 Impact Study

The American Transportation Research Institute and the Owner-Operator Independent Drivers Association Foundation are partnering to conduct a study on COVID-19’s impact on trucking operations.

Eleanor Lamb | Staff Reporter
March 26, 2020
Government, Business, Fuel

Projections Show World Could Run Out of Places to Store Oil

The world will run out of places to store oil in as little as three months, according to an industry consultant.

Alex Longley | Bloomberg News
March 26, 2020
Business, Safety, TCA

Risk Remains Low for Coronavirus Transmission on Packages

The CDC has stated on its website that at the moment, “there is no evidence to support transmission of COVID-19 associated with imported goods, and there have not been any cases of COVID-19 in the United States associated with imported goods,” so the concern for anything shipped from overseas is low thus far.

Sean Adams | The Patriot-News (Harrisburg, Pa.)
March 26, 2020