Nonbank Lending Rises in Late 2016; Truckers Struggle for Traditional Loans
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, 2017Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Smart Windshields Seen as the New Ad Billboards
The next frontier in digital advertising may be your car’s windshield.
January 6, 2017Class 8 Orders Cleared 20,000 in December
Class 8 orders cleared 21,000 in December, ending the year on a solid but lukewarm note, analysts said.
January 5, 2017Consumer Comfort Gauge in 2016 Was Strongest in Nine Years
American households were more upbeat last year on average than at any time since 2007, according to figures in the Bloomberg Consumer Comfort Index released Jan. 5.
January 5, 2017November 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, 2017Diesel, Crude Prices Ascend to 2016 Peaks at Year’s End
The average U.S. retail price of diesel jumped 1.3 cents a gallon to $2.54, the Department of Energy reported Dec. 26, as the price of oil rose past $53 a barrel because evidence is growing that plans to cut production will jell.
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, 2017Kenworth Makes Bendix Wingman Medium-Duty Option
The Bendix Wingman Advanced collision mitigation system now is available for order as an option for Kenworth Truck Co.'s T270 and T370 medium-duty trucks, the truck maker said.
December 21, 2016Cooper Adds Tire Sizes for Drop-Deck Trailers
Cooper Tire & Rubber Co. added two sizes to the Roadmaster RM272 commercial tire line, which is engineered to withstand the demands of drop-deck trailers, and noted tires in this application are arguably the most abused of any in the trucking industry.
December 20, 2016