Business

Daimler Trucks said it will supply Russian truck maker Kamaz with engines and axles.

Existing home sales rose 2.1% in October, the National Association of Realtors said Monday.

Gasoline declined 7 cents in the past two weeks to $3.47 a gallon, continuing its recent downward trend, according to the latest Lundberg survey of filling stations released Sunday.

The California Air Resources Board posted requirements for the use of electric standby and hybrid electric systems for refrigerated units to qualify as alternative technologies that comply with state regulations.

I just heard about the impending pilot shortage and the new regulatory requirement for 1,500 hours to qualify — five times the existing requirement.

The Federal Motor Carrier Safety Administration has taken a good step in its drive to control “reincarnated carriers,” troubled companies that essentially seek to shed their safety and compliance woes by repainting the company name on their vehicles.

Heavy-duty U.S. retail truck sales slid for a second straight month in October, dropping 10.7% from a year ago, although the year-to-date volume remained well ahead of its 2011 pace and truck makers characterized the downturn as more of a modest, temporary retreat rather than a collapse.

Several lawmakers said last week they would consider raising fuel taxes to shore up the Highway Trust Fund, while an administration official warned against cutting transportation infrastructure programs because that could imperil public safety.

ANAHEIM, Calif. — Mexico continues to become an increasingly desirable manufacturing and freight market for reasons ranging from more competitive labor costs to improved transportation infrastructure, carriers and their customers agreed at an industry meeting here.

A growing economy and a global shift in manufacturing are spurring investment in Mexico’s freight transportation industry, according to a recent study that said there is a $68.4 billion market for trucking services in Mexico.