Business

China’s vehicle sales rose at the fastest pace in four months, led by economic growth and higher truck demand, Bloomberg reported Monday.

Trucking executive Patrick Quinn proposed building a system of dedicated truck-only lanes to streamline freight movement and the idea has been “well received” by members of a U.S. commission.

Exports of heavy trucks built in North America have risen to 35% of overall output this year, while domestic sales have plunged, analysts and manufacturers said.

Key House leaders gave faint praise to plans for public-private transportation projects, but warned states that such deals should preserve the public’s interest by avoiding price-gouging and restrictions on competing roadways.

Despite the wide gap in price and technology between tractors and trailers, trucking firms are often just as exacting in what they demand in the trailers they buy as they are for the trucks.

Crude oil plunged more than $2 a barrel from a nine-month high on concern that rising interest rates may lead to slower growth in demand, Bloomberg reported Friday.

I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.