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Cargo theft continues to be a problem for the freight transportation industry and could cause insurance premiums to increase, two experts said.

The international swine flu outbreak may complicate resolution of the cross-border trucking dispute with Mexico, Reuters reported Monday.

Universal Truckload Services said its net income plunged 95.8% to $100,000, or 1 cent per share, from $3.3 million, 21 cents, a year ago.

Navistar International Corp. said Monday that it has received total hybrid vehicle certification from the California Air Resources Board, becoming the first truck and bus manufacturer to do so.

The California Air Resources Board has adopted a low-carbon fuel regulation that targets cutting greenhouse gas emissions from the state’s transportation fuels by 10% by the year 2020.

Swedish truck maker Scania AB’s first-quarter net income fell 93% on lower demand, the Associated Press reported Monday.

General Motors Corp. could be majority owned by the federal government under a restructuring plan that will cut 21,000 U.S. factory jobs by next year and phase out the company’s Pontiac line, the Associated Press reported Monday.

Ocean shipper Horizon Lines lost $10 million, or 33 cents a share, in the first quarter, compared with a profit of $700,000, or 7 cents a share, a year earlier.

I agree with the letter writer’s arguments concerning the liability aspects of drivers on top of trailers unless proper fall safety equipment is used.