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Nonbank Lending Rises in Late 2016; Truckers Struggle for Traditional Loans

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, 2017

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, 2017

Schneider 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, 2017

Kenworth 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, 2016

Bendix Expands Mexican Production of Valves, Manifolds

Bendix Commercial Vehicle Systems has doubled its capability to manufacture high-performing solenoid valves and assembled manifolds at its Acuña, Mexico, site.

December 13, 2016

Opinion: Safety Is Greatest Benefit of Autonomous Tech

There has been a great amount of media attention with the first delivery by autonomous truck by Otto Transportation, which recently took place on Interstate 25 from Fort Collins to Denver in Colorado. While this trip was made with a convoy of State Patrol and Colorado DOT vehicles around it, this event still represented quite an achievement.

December 12, 2016

That Truck You See on Ohio Roads This Week Might Be Driving Itself

Just weeks after making what it called the world's first shipment by a self-driving truck, Otto plans to travel a 35-mile stretch of U.S. Route 33 in Ohio in another test of its autonomous technology.

November 27, 2016

Bendix Spicer Passes Air Disc Brake Milestone

Bendix Spicer Foundation Brake announced its Bendix ADB22X air disc brake has surpassed the 1.5 million-unit production mark since it was introduced more than 10 years ago.

November 17, 2016

Commercial Vehicle Group Results Fall Amid Lower Class 8 Production

Cab-related products and systems supplier Commercial Vehicle Group Inc. reported net income and revenue fell in the third quarter amid significantly lower heavy-duty truck production in North America.

November 4, 2016