°®¶¹´«Ã½

The lead story of this publication’s June 18 issue discussed the growing problem of driver turnover and how even small truckload fleets, known for their ability to control turnover by maintaining close driver relationships, are now in need of creative retention solutions as their turnover rate has soared to 71%.

As noted on other pages of this week’s edition of Transport Topics, American Trucking Associations will be conducting the first comprehensive summit on the use of natural gas in trucking.

Days before all federally funded transportation projects could be forced to shut down, House and Senate negotiators were trying late last week to come up with a long-term reauthorization bill or another temporary extension.

Demand for used heavy-duty trucks remained strong in May, but sales declined due to continued tight inventories of lower-mileage units, ACT Research reported.

Navistar International Corp.’s board of directors last week moved to block a potential hostile takeover, as the truck maker tries to restore profitability and awaits Environmental Protection Agency approval for its new 13-liter engine.

Trucking stocks may not have boomed over the past 12 months, but on average, their improvement has outpaced other transportation equities and the stock market as a whole.

U.S. diesel prices continued their longest slide in 3½ years, as the national average declined 5.2 cents to $3.729 a gallon last week, the Department of Energy reported.

ALLENTOWN, Pa. — Mack Trucks Inc. is likely to use technologies such as speed limiters and idling-reduction devices on its tractors to help its full family of vehicles comply with federal greenhouse-gas regulations set to take effect in 2014, a company official said.

American Trucking Associations said it will host a first-ever national summit on the growing use of natural gas as a fuel for moving freight across the country.

FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.