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Penske Buys 500 Freightliner Tractors

Penske Truck Rental said it is adding 500 new Freightliner Cascadia semi-tractors to its commercial truck rental fleet.

May 8, 2013

XPO Reports 1Q Loss, Buys Logistics Firm

XPO Logistics reported a first-quarter loss and said it had acquired Salt Lake City-based Interide Logistics for $3.1 million.

May 8, 2013

Diesel to Average $3.88 in Second Half of Year, DOE Report Says

Diesel will average $3.88 a gallon for the rest of the year and $3.79 in 2014, the Department of Energy said in its monthly short-term energy outlook.

May 8, 2013

C.H. Robinson’s 1Q Profit Slips

C.H. Robinson Worldwide said its first-quarter net income fell slightly from a year ago on slower growth, though revenue improved.

May 8, 2013

WEX Inc.’s First-Quarter Profit Improves

Fleet payment processing company WEX Inc. said its first-quarter profit rose, and the company announced a CEO succession plan.

May 7, 2013

TravelCenters’ Loss Narrows

TravelCenters of America said Tuesday its first-quarter loss narrowed from a year ago.

May 7, 2013

Quality’s 1Q Income Improves

Tank truck carrier Quality Distribution said its first-quarter profit rose from a year ago, as its chemical logistics and intermodal businesses improved.

May 7, 2013

Clean Energy Teams with Mansfield Energy to Provide Natural Gas Services

Clean Energy Fuels Corp. said Tuesday it is partnering with Mansfield Energy Corp. to offer natural-gas fueling services.

May 7, 2013

Senate Passes Internet Tax Bill

The Senate passed a bill Monday that would subject most online shopping to state sales taxes, the Associated Press reported.

May 7, 2013

Daimler to Make Fuso, BharatBenz Trucks in India for Export to Asia, Africa

Daimler AG said Tuesday it will bundle its Asian truck business and make Fuso and BharatBenz brand trucks in India for export to Asia and Africa as early as the second quarter of this year.

May 7, 2013