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, Safety

Negotiators Near Agreement on Long-Delayed COVID-19 Aid Bill

Top congressional leaders are closing in on an agreement on a long-delayed COVID-19 relief package, hoping to seal a deal as early as Dec. 16.

Andrew Taylor | Associated Press
December 16, 2020
Business, Technology, Fuel

NACFE Report Says Challenges Remain for Broad Fuel Cell Adoption

Hydrogen fuel cell technology will likely roll out in heavy-duty trucks over the next five years, but hurdles remain before U.S. motor carriers will adopt them beyond small numbers of test vehicles, according to a new report.

Jerry Hirsch | Contributing Writer
December 16, 2020
Government, Business, Technology, Safety, Logistics, Autonomous

Drones Could Help Bridge the Economic, Social Divides for Vaccine Distribution

The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.

Brendan Murray | Bloomberg News
December 16, 2020
Government, Business

Retail Sales Fall 1.1% in November for Biggest Drop in Seven Months

Retail sales fell 1.1% in November, the biggest drop in seven months, as Americans held back on spending at the start of the holiday shopping season.

Joseph Pisani | Associated Press
December 16, 2020
Government, Business, Fuel

Oil Jumps to Highest Mark Since February Amid Stimulus Optimism

Oil surged to the highest mark in nearly 10 months in New York alongside a broader market rally as breakthroughs on U.S. stimulus talks combined with the COVID-19 vaccine rollout stoked optimism around a demand revival.

Andres Guerra Luz | Bloomberg News
December 15, 2020
Government, Business, Fuel

Getting US to Zero Carbon May Cost $2.5 Trillion by 2030

It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.

December 15, 2020
Business, Perspective

Perspective: Value Feedback to Aid Driver Retention

In a year where so much has changed, 2020 has shown some small glimmers of hope regarding driver turnover.

Max Farrell | CEO, WorkHound
December 15, 2020
Government, Business, Safety

FRA Final Rule Requires State Highway-Rail Grade Crossing Plans

The Federal Railroad Administration has issued a final rule requiring states to develop, or in some cases, update action plans for highway-rail grade crossings.

Eleanor Lamb | Staff Reporter
December 15, 2020
Government, Business, Safety

Trucking Seeks Liability Protections as Congress Debates New COVID-19 Aid

As lawmakers work on legislation that will provide additional relief funds to the transportation sector, the trucking industry is asking Congress to include provisions that ensure liability protection for motor carriers on the front lines of the coronavirus relief effort.

Eugene Mulero | Senior Reporter
December 15, 2020
Government, Business, Safety, Logistics, Top 100

Trucks Carry First Doses of COVID-19 Vaccine to Hospitals Across the US

As the first doses of a COVID-19 vaccine begin to ship, trucking experts on the ground level of the distribution effort said the logistical elements are in place for a successful rollout of an estimated 50 million doses of the vaccine between now and the end of January.

Dan Ronan | Senior Reporter
December 15, 2020