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

House Lawmaker Introduces Rural Infrastructure Bill

Legislation meant to assist rural transportation corridors was introduced by Rep. Carol Miller this month.

Eugene Mulero | Senior Reporter
December 11, 2020
Government, Business, TCA

Uber, Others Jockey for Early COVID-19 Vaccine Access for Workers

Uber says its drivers should get priority access to the COVID-19 vaccine because they provide crucial transportation to health care workers and the general public.

Hugo Martin | Los Angeles Times
December 11, 2020
Government, Business

Consumer Sentiment in US Rises Unexpectedly on Vaccine News

A gauge of U.S. consumer sentiment unexpectedly increased in early December to the second-highest level since March, amid prospects for a vaccine coming soon to tame the pandemic.

Olivia Rockeman | Bloomberg News
December 11, 2020
Government, Business

FDA Head Expects Vaccine Emergency Use Soon

WASHINGTON — The head of the Food and Drug Administration says his agency has told Pfizer that it “will rapidly work” to grant emergency use of its COVID-19 vaccine following a positive recommendation by government advisers.

December 11, 2020
Government, Business, Top 100

YRC Loan Profitable for Treasury, Mnuchin Says

Treasury Secretary Steven Mnuchin told a congressional oversight committee that the federal government has made money on a $700 million loan it extended to YRC Worldwide under a coronavirus relief package for businesses that were deemed essential in fighting the pandemic.

Laura Davison | Bloomberg News
December 10, 2020
Government, Business, Safety

Indiana Awards $101 Million for Local Roads, Bridges

The Indiana Department of Transportation and Gov. Eric Holcomb announced that local government agencies have received a combined $101 million in state matching funds to support road and bridge projects.

Eleanor Lamb | Staff Reporter
December 10, 2020
Business, Technology, Top 100

Transportation Management Technologies Reach Inflection Point

A series of trends and technological advancements is driving change with transportation management systems at an unprecedented pace, according to carriers and TMS providers.

Connor D. Wolf | Staff Reporter
December 10, 2020
Business, Equipment

SelecTrucks Prepares for Wave of Cascadia Models to Reach Used Market

The used Class 8 sleeper market is showing signs of a rebound, said Mary Aufdemberg, president of Daimler Trucks Remarketing.

Roger Gilroy | Senior Reporter
December 10, 2020
Business, Equipment, Breaking News

Class 8 Sales in November Slip

Class 8 U.S. retail sales in November reached 17,803, down 4% compared with 18,545 a year earlier, WardsAuto.com reported.

Roger Gilroy | Senior Reporter
December 10, 2020
Government, Business, TCA

California Gov. Gavin Newsom Names Liane Randolph for CARB Chair

Gov. Gavin Newsom has named one of California’s utility-company regulators to lead the state agency that fights air pollution and climate change.

J.D. Morris | San Francisco Chronicle
December 10, 2020