Business

Investment banker’s front-line info source: You

| July 14, 2014

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

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

James Jaillet & Kevin Jones | July 11, 2014

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.

Class-action lawsuit accuses Navistar of knowingly selling defective engines

| July 11, 2014

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.

Smartphone, tablet logging apps no longer require printing or manual signatures, FMCSA says

| July 10, 2014

Digital logs produced by smartphone, tablet or computer apps no longer have to be printed and signed manually by drivers, according to new guidance on digital logs issued by FMCSA.

PrePass: 475k trucks using service

| July 08, 2014

PrePass weigh station bypass service announced July 8 that its participation in May reached 475,000, a record-high for the company.  PrePass has 304 opreation sites in 31 states and is the largest truck safety pre-clearance system ...

Navistar hit with 3 lawsuits over EGR-only engines as carriers claim defects, losses

| July 08, 2014

Three trucking companies have filed lawsuits against truck and engine maker Navistar, claiming its '11-'12 MaxxForce engines were defective and didn’t meet federal emissions standards. The lawsuits further allege Navistar knew its engines were flawed yet concealed that information.

Diesel snaps short upswing, falls slightly

| July 08, 2014

The national average price for a gallon of on-highway diesel dropped seven-tenths of a cent to $3.913 in the week ended July 7, according to the Dept. of Energy, snapping the short two-week uptick in the price of diesel.

PIB tip: Carry a notebook with your receipt envelope

| July 08, 2014

This notebook will be used to record those expenses for which you cannot obtain a receipt, such as when you wash your truck at a coin-operated facility or personal use of your auto, so you can deduct the expenses at tax time.

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