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The U.S. heavy-duty fleet truck fleet is aging as carrier executives scrimp to cut costs wherever they can amid the continuing national freight drought.

A 3.2% rise in American Trucking Associations’ truck tonnage index during May from weak results in April may indicate that the worst of the recession could be over, even though the index was 11% below year-ago levels, industry experts said.

Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack

of liquidity.

U.S. retail diesel prices slipped 0.8 cent last week, providing a breather for the trucking industry after seven consecutive weeks of increases that had pushed the average cost to a seven-month high.

Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.

U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.

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Now that the federal government is taking over big businesses, it is time to reregulate trucking industry rating structures. We need price stabilization of rates so we can purchase equipment and train our personnel properly.