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, Equipment, Safety

CVSA Offers Coronavirus Guidance to Roadside Inspectors, Drivers

From decontamination of their uniforms daily to keeping their distance from truck cabs and drivers, roadside inspectors face increasingly challenging conditions in keeping the nation’s highways safe in the midst of the coronavirus crisis.

Eric Miller | Senior Reporter
March 24, 2020
Government, Business, Fuel, TCA

Singapore Shipping Liner Fined for Dumping Oil in Pacific

A shipping company was ordered to pay a $1.65 million fine and given four years’ probation after one of its vessels was caught dumping oil bilge water into the Pacific Ocean, a short distance from the Golden Gate Bridge.

Nate Gartrell | Palo Alto (Calif.) Daily News
March 23, 2020
Government, Business, Fuel

Diesel Falls 7.4¢ to $2.659 per Gallon; Gasoline Plunges 12.8¢

The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.

Roger Gilroy | Senior Reporter
March 23, 2020
Government, Business

House Leaders Call for Commerce Grants Amid Crisis

In an address to the nation, the transportation leader in the U.S. House of Representatives emphasized the critical role of commercial drivers during the coronavirus pandemic.

Eugene Mulero | Senior Reporter
March 23, 2020
Business, Safety

Boeing Will Halt Work at Seattle-Area Factories

Boeing Co. is temporarily shuttering its Seattle-area manufacturing hub for two weeks, adding to a wave of plant closings sweeping the globe and compounding difficulties for a company navigating one of the aviation industry’s biggest disruptions in decades.

March 23, 2020
Business, Fuel

Tens of Thousands Are Getting Laid Off in US Shale Patch

The spread of the coronavirus coupled with an oil-price war between Russia and Saudi Arabia threatens to devastate the oil services industry and its workers.

David Wethe | Bloomberg News
March 23, 2020
Government, Business, Technology, Equipment, Safety

Digital Freight Sector Responds to Coronavirus Outbreak

Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.

Connor D. Wolf | Staff Reporter
March 23, 2020
Business, Safety, Logistics, Top 100

UPS, Teamsters Agree on Sick Leave as Coronavirus Spreads

UPS Inc. said it is taking steps to protect its employees from contracting the COVID-19 virus and that it reached an agreement with the International Brotherhood of Teamsters concerning paid-leave guidelines for unionized workers who are affected by it.

Dan Ronan | Senior Reporter
March 23, 2020
Government, Business

Factories Pivot to Fight Coronavirus, but Challenges Abound

Factories across industries are trying to answer the call of duty amid a pandemic that has so far claimed more than 15,000 lives and sickened 350,000 people globally.

Tom Krisher | Associated Press
March 23, 2020
Government, Business, Safety, TCA

Postal Service, UPS, FedEx and Amazon Put Safety First

As the coronavirus pandemic spreads across the U.S., more people are relying on the mail and delivery services to provide them food, medicine and household items.

Evan MacDonald | The Plain Dealer
March 23, 2020