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

Top Pork Producer Smithfield Makes Room in Freezers for Vaccine

Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.

Michael Hirtzer | Bloomberg News
December 3, 2020
Business, Equipment, Fuel

VTNA Unveils Plan for Launch of VNR Electric Sales

Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.

Roger Gilroy | Senior Reporter
December 3, 2020
Government, Business, Safety, Logistics

Working Group Tackles COVID Food Supply Chain Disruptions

Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.

Connor D. Wolf | Staff Reporter
December 3, 2020
Government, Business, Safety

Democrats Eye New COVID-19 Aid

Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks.

Eugene Mulero | Senior Reporter
December 3, 2020
Business, Technology

Daimler Picks Bernd Pischetsrieder to Be Next Chairman

Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.

Christoph Rauwald | Bloomberg News
December 3, 2020
Business, Equipment

Class 8 Orders Surge to Fourth-Highest Monthly Volume Ever

North American Class 8 orders reached 51,900 in November, according to ACT Research.

Roger Gilroy | Senior Reporter
December 3, 2020
Government, Business, Technology, Safety

Carriers, Law Enforcement Learning the Ropes for Hemp Transport

The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.

Eric Miller | Senior Reporter
December 3, 2020
Business, Logistics, Top 100

Carriers Face Compounded Demand This Holiday Season

The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.

Connor D. Wolf | Staff Reporter
December 3, 2020
Government, Business, Fuel

OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.

December 3, 2020
Business, Top 100

Atlas Canada Names Fred Haladay President

Moving company Atlas Canada has named Fred Haladay to the post of president and chief operating officer.

December 3, 2020