Business

Lawsuits mount against Cat’s ACERT engines, court consolidates cases

More than a dozen lawsuits have now been filed against former truck engine maker Caterpillar over its 2007-2010 year model ACERT C13 and C15 engines. A multidistrict litigation court has consolidated the cases.

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PIB tip: Factors that influence interest rates

Want to know what factors most influence your credit rating and, thus, your interest rates for truck loans? Here's what you need to know.

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Going independent on TV: Todd and Tamera Sturgis

Overdrive's 2013 Most Beautiful top-ten finisher Jessica Samko is likewise a featured hauler in this year's Shipping Wars season on A&E.

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FMCSA speeds work on raising carrier insurance minimums, slows on Safety Fitness scoring rule

The prospect of a proposed Safety Fitness Determination rule coming this year seems to have diminished, as the Federal Motor Carrier Safety Administration has made its work on producing a rule raising the minimum amount of liability insurance for carriers a higher priority, according to projected rule publication dates in a recent DOT report.

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Beware: E-ZPass phishing scam comes to light

An email circulating that purports to be an attempt to collected unpaid tolls via E-ZPass is a scam, authorities report.

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Diesel price falls again, hits one of lowest averages since January

The national average price for a gallon of on-highway diesel fell in the week ended July 14 to $3.894 a gallon, according to the government. This is the second straight week the price of diesel has dropped and the lowest the price of diesel has been since January, save for two weeks in June.

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Pilot Flying J agrees to $92 million criminal settlement in fraudulent fuel rebate case

Pilot Flying J has entered into an agreement with the U.S. Justice Department to resolve the criminal investigation into the company's fraudulent rebate withholding scheme, agreeing to pay a $92 million fine. That's in addition to the $85 million civil settlement from November.

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Investment banker’s front-line info source: You

A banker who looks to drivers for front-line economic information predicts some good times ahead -- what does business look like where you sit?

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Drivers allowed state-assured rest breaks in California, court says

A federal appeals court ruled this week that motor carriers are not exempt from California state law requiring mandatory paid breaks for workers, overturning a ruling made by a lower court that had exempted motor carriers and opening the door for similar challenges, both in California and elsewhere.

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Class-action lawsuit accuses Navistar of knowingly selling defective engines

A class-action lawsuit filed July 10 by three trucking companies against Navistar-International echoes claims of similar lawsuits filed this week: The truck and engine maker knew its EGR-only MaxxForce engines had defects and Navistar concealed those problems from buyers.

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