Business

Federal Highway Administration inspectors have confirmed earlier suspicions that a 50,000-ton pile of fill dirt placed adjacent to the I-495 Christina River Bridge site in Wilmington, Delaware, caused a buckling of four of the bridge’s 37 piers that led to its closing earlier this month.

The Mortgage Bankers Association on June 19 lowered its new and existing home sales forecast for the year to 5.28 million — a decrease of 4.1% that would be the first annual drop in four years.

Mack Trucks announced it is working with Sustainability Initiatives Group (SIG) to help dealers and customers navigate the grant process to obtain public funding for alternative fuel- and clean diesel-powered vehicles.

Premier Trailer Leasing said it has acquired certain assets of Trailer Fleet International. Terms were not disclosed.

U.S. rail intermodal traffic increased 6.3% in the week ended June 14, to the highest week on record, compared with the same week last year, the Association of American Railroads reported.

Debate on an amendment to an expansive fiscal 2015 funding bill that would have rolled back a suspension to a rule limiting the time truckers can operate on roadways came to a halt June 19 after the Democratic and Republican leaders in the Senate announced they could not agree on how to proceed with the bill.

Mack Trucks said it will invest $26 million to upgrade its cab and vehicle assembly plant in Macungie, Pennsylvania.

The U.S. Senate is debating an amendment proposed by Democrats to undo the amendment approved recently by the Senate Appropriations Committee that would roll back restart provisions in the hours-of-service rule for one year while further study is conducted. Follow live developments.

The trucking industry hauled in 25% of what it needs to fund its five-year image campaign — Trucking Moves America Forward — with a single contribution of $1.25 million from Pilot Flying J travel plazas founder James Haslam II.