Nontraditional bank lending to trucking companies picked up moderately in the second half of 2016 as fleets sought to survive during a sluggish freight market, according to lenders with exposure in transportation financing.
January 9, 2017Trucking Industry Safety News
Transportation businesses face a host of dynamic risk issues that can significantly impact their financial and operational health. The news in this category focuses on the latest safety and security initiatives, resources and regulations and addresses topics that include fleet safety, claims administration, driver hiring and retention, risk management and compliance.
Editorial: Welcome to TRB
Twelve thousand people from around the world are so devoted to transportation, in all of its many forms, that they are traveling to Washington, D.C., this week to participate in the 96th annual meeting of the Transportation Research Board.
January 9, 2017Nonbank Lending Rises in Late 2016; Truckers Struggle for Traditional Loans
Consumer Comfort Gauge in 2016 Was Strongest in Nine Years
American households were more upbeat last year on average than at any time since 2007, according to figures in the Bloomberg Consumer Comfort Index released Jan. 5.
January 5, 2017Martin Klepper Named First Chief of Build America Bureau
With less than three weeks left in the Obama administration, Martin Klepper was named the first executive director of the U.S. Department of Transportation’s Build America Bureau on Dec. 30.
January 3, 2017EPA Plans to Propose Regulation to Tighten NOx Limit in 2024
The Environmental Protection Agency is beginning work on a proposed rule that would set new standards to further reduce nitrogen oxide emissions from heavy-duty truck engines beginning in 2024, the same year a provision kicks in for the agency’s heavy-duty Phase 2 greenhouse-gas program.
January 2, 20172017 Year in Preview: ‘Expect the Unexpected’ for Trucking, Nation
Uncertainty dominates the outlook for trucking and freight transportation in 2017.
January 2, 2017Schneider Files to Go Public; Family, Execs to Keep Control
Truckload and intermodal carrier Schneider National Inc., No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed financial documents with the Securities and Exchange Commission on Dec. 22 as a prelude to the company going public, possibly later this year.
January 2, 2017Transportation Incidents the Most Frequent Type of Worker Fatality, New Report Shows
The number of workplace deaths involving transportation incidents — the most frequent type of worker fatality — increased, according to a Labor Department report issued Dec. 16.
December 21, 2016Kenworth Makes Bendix Wingman Medium-Duty Option
The Bendix Wingman Advanced collision mitigation system now is available for order as an option for Kenworth Truck Co.'s T270 and T370 medium-duty trucks, the truck maker said.
December 21, 2016Pennsylvania Transportation Planners Identify Critical Freight Corridors
The Lehigh Valley Transportation Study committee has approved a list of six regional roads that it believes are worthy of the critical urban freight corridor designation in the federal government's new National Highway Freight Network.
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