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, Logistics

Maersk Warns of Africa Piracy Risk After Cargo Ship Attacked

A containership owned by A.P. Moller-Maersk A/S was attacked off the West African coast, prompting the company to warn of a rising risk from piracy in the area.

Verity Ratcliffe | Bloomberg News
December 21, 2020
Business, Technology, Fuel, Autonomous

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

Esha Dey | Bloomberg News
December 21, 2020
Business, Equipment

7-Step Guide to Preventative Maintenance

Having a smart preventative maintenance process for your fleet can be the difference between seeing your bottom line soar and watching it slip away. Download this ebook today and learn our 7 Steps to preventative maintenance.

December 21, 2020
Government, Business, Logistics

UK Freight Firms Turn to Planes as Brexit Triggers Truck Jams

Logistics companies including DB Schenker and DSV Panalpina A/S have begun chartering planes to keep U.K. factories supplied with components and avoid snarls in road and sea transport caused by Brexit.

December 21, 2020
Business, Logistics

Trucking Faces Transitional Year in 2021

Trucking is entering a year of change as the industry confronts a new phase of the coronavirus pandemic and adjusts to new practices.

Connor D. Wolf | Staff Reporter
December 21, 2020
Business, Equipment

The Year in Charts: Volatility and Resiliency for Trucking

Truck buyers started 2020 in a cautious mood, waiting to see what would happen amid expectations of softening freight demand and overcapacity in the coming year — 2019 had ended as the best Class 8 sales year since 2006. At the same time, the novel coronavirus was drawing closer.

December 21, 2020
Government, Business, Logistics, TCA

CDC Panel Includes Transportation Workers on 'Essential' List for Vaccine Priority

A federal advisory panel recommends that the next round of coronavirus vaccines be given to teachers, first responders, correction officers and grocery store employees, along with people 75 and over. Truckers and other transportation workers would fall into a group behind that group.

Dave Altimari | Hartford Courant
December 21, 2020
Government, Business

Congress Gets Text of $900 Billion Relief Bill Hours Before Vote

The House released the text of a massive 5,593-page package of legislation that combines pandemic relief with a bill to fund government operations just hours before lawmakers were set to cast their votes on Dec. 21.

December 20, 2020
Government, Business, Logistics, Top 100

Moderna Vaccine Distribution Begins Via FedEx, UPS

Initial shipments of the second COVID-19 vaccine authorized in the U.S. left a distribution center Dec. 20, a desperately needed boost as the nation works to bring the coronavirus pandemic under control.

December 20, 2020
Business, Technology, Equipment

TMC to Back Survey of Trailer Owners’ Use of Intelligence Products

American Trucking Associations’ Technology & Maintenance Council announced it will underwrite a new research effort aimed at evaluating trailer owners’ adoption of intelligence products and services that are becoming increasingly available throughout the industry.

December 18, 2020