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The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

The Securities and Exchange Commission for the first time has voted to issue guidelines to help public companies decide whether climate change laws and regulations will have a material effect on their businesses.

Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.

The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.

Cargo theft increased sharply in 2009, according to an international insurer and a security firm, although two major carriers said they had experienced a drop in losses from theft and American Trucking Associations said good statistics were hard to come by.

Law enforcement officials said they may not strictly enforce the Transportation Department’s recent ban on texting by commercial drivers until the government issues a specific regulation rather than reinterpretations of current rules, officials told Transport Topics.

UPS Inc. said it benefited from a sharp increase in December air shipments out of Asia and a busy holiday season to post profits for the fourth quarter and the full year.

The Obama administration last week proposed a $4 billion “down payment” on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.

The U.S. retail diesel average dropped 5.2 cents to $2.781 a gallon last week, the third straight weekly drop, the Department of Energy reported.

SAN DIEGO — CSA 2010, the new federal safety monitoring and rating system for motor carriers, is likely to be the most important and potentially disruptive federal policy development for trucking to come out of Washington this year, fleet executives and industry watchers said last week.