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

New 7/3 Split Sleeper Berth Rule Appears Slow to Gain Popularity

A tweak of the hours-of-service (HOS) rule that went into effect on Sept. 29 has put a new 7/3 split in the mix as an alternative to meet 10-hour off-duty requirements in the sleeper berth. It also may be a bit confusing.

Eric Miller | Senior Reporter
February 2, 2021
Government, Business, Fuel

Oil Jumps to One-Year High on Depleting Supplies

Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.

Andres Guerra Luz | Bloomberg News
February 2, 2021
Government, Business, Safety

FMCSA Clearinghouse Records More Than 56,000 Truck Driver Violations in 2020

More than 56,000 drug and alcohol violations were recorded last year in a database intended to track truck drivers’ compliance history and prevent them from job-hopping in the event of a failed drug test.

Eric Miller | Senior Reporter
February 2, 2021
Business, Safety, Top 100

Ryder Provides Paid Time Off for COVID Vaccinations

Ryder System Inc. will pay up to six hours for employees to get the coronavirus vaccine, the company said Feb. 1.

February 2, 2021
Government, Business, Safety

CVSA International Roadcheck Set for May 4-6

This year’s International Roadcheck is set for May 4-6, the Commercial Vehicle Safety Alliance announced.

Eric Miller | Senior Reporter
February 2, 2021
Government, Business, Safety

Missouri DOT Progresses With I-70 Rocheport Bridge Replacement Project

The Missouri Department of Transportation is advancing work on a $240 million project to replace the Rocheport Bridge, a vital freight link that carries 3.6 million trucks per year.

Eleanor Lamb | Staff Reporter
February 2, 2021
Government, Business, Breaking News

Senate Confirms Pete Buttigieg as Transportation Secretary

The U.S. Department of Transportation has a new leader in Pete Buttigieg, a 2020 presidential candidate and the former mayor of South Bend, Ind.

Eugene Mulero | Senior Reporter
February 2, 2021
Government, Business

Biden Team Will Test Shipping Vaccines Directly to Pharmacies

President Joe Biden’s administration will begin to test a program to provide coronavirus vaccines directly to pharmacies, as officials seek to increase the pace of U.S. inoculations.

February 2, 2021
Business, Logistics, Top 100

ArcBest Reports Net Income Increased to $26M During Q4

ArcBest saw revenue and earnings increase from the prior year during the fourth quarter of 2020, the company reported Feb. 2.

Connor D. Wolf | Staff Reporter
February 2, 2021
Business

Northeastern US Digging Out From Major Snowstorm

BOSTON — People of the northeastern U.S. shoveled themselves out Feb. 2 after a two-day snowstorm that shut down public transport, canceled flights and closed coronavirus vaccination sites.

February 2, 2021