A barometer of future U.S. economic activity rose in April following a drop in March, signaling growth could speed up later in the year. The Index of Leading Economic Indicators from the private research group The Conference Board, shows a 0.6% gain in April to 95, following a downwardly revised 0.2% drop in March.
You'd better be getting ready for new hours of service rules that go into effect July 1, to be followed by proposed rules for electronic logs. That, along with an emphasis on enforcement, was the message from Jack Van Steenburg, chief safety officer for the Federal Motor Carrier Safety Administration, in his keynote speech for Zonar Systems' inaugural users’ conference.
UPDATED-- Navistar Inc. announced that it has sold parts of its recreational vehicle business to Allied Specialty Vehicles (ASV), a leading producer of RVs as well as fire & emergency and commercial & industrial vehicles to worldwide markets.
Building of new homes in the United States fell in April to its lowest level since November, but the rate is still well above the same time a year ago, and new building permits are at their highest level since June 2008.
Embattled Pilot Flying J CEO and Cleveland Browns owner Jimmy Haslam on Thursday morning took questions from trucking for the first time since allegations of fraud surfaced a month ago, and asked fleets to work with the truckstop chain to resolve any problems rather than filing suit.
President Obama’s pick to head up the U.S. Transportation Department will go before a Senate committee next week for a confirmation hearing.
The Federal Motor Carrier Safety Administration has a number of proposed rules scheduled for this summer, including establishing a drug and alcohol database, mandatory speed limiters and prohibiting driver coercion. However, proposals on electronic logs, entry-level driver training and safety fitness probably won't be unveiled as scheduled, according to a panel discussion May 15 during Zonar's inaugural user's conference.
Rush Enterprises Inc. announced that its subsidiaries have acquired certain assets of Piedmont International Trucks, which operates commercial truck dealerships in North Carolina.