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Berkshire Hathaway will acquire Lubrizol Corp., the world’s largest producer of lubricant additives, the companies said.

Telematics and mobile communications provider Xata Corp., Eden Prairie, Minn., now resells trailer-tracking systems made by SkyBitz, the companies announced March 9.

Purchasers of Qualcomm Inc.’s OmniTracs system in Washington state dodged a tax hit following a March 10 decision about the legal classification of that system by the Washington Supreme Court.

YRC Worldwide’s Holland unit said Monday it plans to hire about 1,000 drivers this year.

Olof Persson will become CEO of Volvo AB as of Sept. 1, the truck maker said.

Gasoline’s national average price slowed its gain, rising 6.7 cents over the past two weeks to an average $3.573 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

Existing home sales fell 9.6% in February to the lowest level since 2002, the National Association of Realtors said Monday.

Just so I can get this straight, now: We are allowing Mexican trucks to come into the United States as cross-border operations — almost a done deal. Then, FMCSA is going to pay for EOBRs to be placed in those Mexican trucks to do business in the United States, while requiring U.S. fleets to purchase EOBRs with company money?

It seems that a consensus is developing in the trucking industry to support electronic devices that monitor the number of hours that drivers work behind the wheel.