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.
Trump Orders US to Stock Up Oil Reserve After Price Crash
President Donald Trump ordered U.S. energy officials to purchase “large amounts” of oil to fill up the nation’s emergency reserve after the biggest price crash in a generation.
March 14, 2020US Will Extend Virus Travel Restrictions to UK, Ireland
President Donald Trump announced March 14 that the United States will broaden its European travel ban, adding Britain and Ireland to its list, and was considering imposing restrictions on travel within the U.S. to areas hit hard by the coronavirus spread
March 14, 2020House Passes Coronavirus Plan With Two-Week Paid Sick Leave, Free Testing
The United States House of Representatives passed a legislative package meant to provide relief to people who need assistance during the coronavirus outbreak.
USMCA Moves Closer to Implementation as Canada Gives Its OK
The U.S.-Mexico-Canada Trade Agreement has moved one step closer to being ratified by all three nations.
FMCSA Issues HOS Relief for Coronavirus Assistance
The Federal Motor Carrier Safety Administration has relaxed certain hours-of-service regulations for motor carriers involved in coronavirus-related relief efforts.
FMCSA Postpones Truck Safety Summit Over Coronavirus
The Federal Motor Carrier Safety Administration is postponing its Truck Safety Summit due to coronavirus-related concerns.
Trailer Orders Lowest for Any February Since 2009
U.S. trailer orders in February weakened to land below 13,000 as the coronavirus threatened to erode demand further, ACT Research reported.
Enhanced Bendix System Available in Kenworth Models
Bendix Commercial Vehicle System’s advanced driver assistance system is available for new heavy- and medium-duty Kenworth trucks, the company announced March 13.
March 13, 2020ATA Files for Preliminary Injunction in Rhode Island Truck-Tolls Suit
American Trucking Associations has filed a motion in the U.S. District Court of Rhode Island for a preliminary injunction in the ongoing lawsuit against the state’s trucks-only tolling program.
Driverless Cars Have Arrived, and They All Look Like Loaves of Bread
Do automakers investing billions in the self-driving cars of tomorrow risk repeating the same mistake they made with electric cars a decade ago?