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, 2017Search
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November Trailer Orders Down 8%; Still Strongest Month of 2016
U.S. trailer orders in November were more than 36,000 and, while the strongest month of the year, they fell just short of the year-earlier volume, analysts said.
January 2, 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, 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, 2017European Package Carrier Expands in US With Purchase of Golden State Overnight
General Logistics Systems B.V., a parcel delivery firm based in Amsterdam and with operations throughout Europe, is expanding in the United States with the purchase of Golden State Overnight for $90 million.
October 12, 2016Opinion: Jake Brakes Keep Drivers Safe on Steep Roads
You can’t work in the trucking industry for long without realizing the interconnectedness of the trucking world — goods with communities, roads with ports, airports and railways, regulations across international and provincial borders and municipal boundaries, you name it. Another connection may not be immediately apparent: Canada’s National Trucking Week and “Jake” brakes.
September 5, 2016Exxon to Introduce New Engine Oils on Website
ExxonMobil said it will introduce the new product line and details of its Mobil Delvac-branded CK-4 and FA-4 commercial vehicle engine oils on its website, mobildelvac.com on Sept. 20.
August 26, 2016Trailer Orders Fall to Below 10,000 in July
U.S. trailer orders in July fell to less than half of what they were a year earlier as seasonal weakness and cautious fleets still eyeing a lackluster economy cut demand more than expected, ACT Research Co. reported.
August 15, 2016Driver-Focused Designs
The annual National Truck Driving Championships kicked off Aug. 10 in Indianapolis. To coincide with Transport Topics’ coverage of the “Super Bowl of Safety,” this edition of Equipment & Maintenance Update features stories focused on drivers’ needs and concerns, including those related to comfort, safety and health.
August 10, 2016Another 9,000 Trailers Recalled Due to Bendix Defect
The National Highway Traffic Safety Administration has issued a recall of more than 9,000 additional trailers because of a defect with the Bendix SR-5 spring brakes that the manufacturer believes could affect up to 194,410 trailers in total.
August 11, 2016