Business

The Port of Los Angeles wants to start implementing its employee driver mandate next year, with a full requirement in place by the end of 2013.

A Navistar International Corp. affiliate and a Chinese firm have signed a joint venture agreement to develop, build and market advanced commercial diesel engines in China.

NEW YORK — Many carriers, particularly in the truckload sector, said they are winning rate increases from shippers that typically are at least 5%, reflecting the industry’s tight capacity.

The main problems owners of 2008 heavy-duty engines have encountered involve the exhaust gas recirculation system and the engine computer, J.D. Power and Associates said in a report.

BIRMINGHAM, Ala. — The new federal hours-of-service rule due to be unveiled shortly is likely to trim one hour of maximum driving time, and extend the rest period necessary to initiate a new workweek, according to the chairman of the Truckload Carriers Association.

Oil was trading below $74 a barrel early Monday, near its lowest level in two weeks, on concerns that a slowing economy could hurt demand, Bloomberg reported.

NEW YORK — Fleet executives warned that the continuing, though modest, rise in freight volumes won’t trigger an immediate surge in equipment orders.

Fleets are intensifying their already aggressive recruiting efforts to find qualified applicants, as skilled prospects become harder to find, industry officials said.

When Joe Killeen heard that New York City needed participants for its trial off-hours delivery program, he did more than volunteer his Kearny, N.J., trucking firm, New Deal Logistics.

FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload operations.