Business

The Obama administration plans to nominate former FBI agent Erroll Southers to head the Transportation Security Administration, the Associated Press reported.

Three different articles in your July 20 publication underline the huge disconnect between current policymakers’ perception and the realities of our industry.

Keeping both hands on the wheel and texting a message on a handheld device cannot occur at the same moment in time.

After clearing its first legal hurdle in U.S. bankruptcy court, the proposed merger between truck stop operators Flying J Inc. and Pilot Travel Centers is about to undergo a federal antitrust review.

The Commodity Futures Trading Commission should create position limits on energy contracts across all trading platforms to protect the trucking industry from excessive speculation in oil futures, a representative of American Trucking Associations testified at recent CFTC hearings.

Faced with capacity and maintenance limitations and inadequate revenues, states are taking advantage of newer bonding and federally guaranteed loan programs to help underwrite transportation costs, according to a new report.

WASHINGTON — Transportation Secretary Ray LaHood an-nounced last week he will take steps to try to further curb distracting driving activities such as text messaging or using a cell phone or a Global Positioning System device.

Trailer maker Wabash National Corp. lost $17.9 million during the second quarter — an improvement of more than $10 million from the year’s first three months, when it lost $28.3 million — and announced the completion of a deal with a private equity firm that will give it $35 million in new capital.

Maersk Line’s chassis rental fee went into effect at the Port of New York and New Jersey on Aug. 3, and although there were not any freight disruptions, the head of a trade group for drayage haulers said that the rollout could have gone smoother.

Soft drink and snack food maker PepsiCo Inc. said it will reacquire two bottling companies it spun off 10 years ago, spending $7.8 billion in cash and stock to create the largest private fleet in the United States and Canada, in an effort to make its supply chains more efficient.