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Oil Falls as Isaac Slams New Orleans

Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.

August 29, 2012

NAFTA Surface Trade Rises 6.6% in June

Surface trade among the United States, Canada and Mexico rose 6.6% in June from a year ago, the Department of Transportation said Tuesday.

August 29, 2012

New Orleans Cargo Operations Shut as Isaac Closes In on City

Cargo operations around New Orleans have ground to a halt as Hurricane Isaac moves in on the city, and American Trucking Associations urged truck drivers and motorists to take appropriate precautions ahead of the storm.

August 28, 2012

Consumer Confidence Declines in August

Consumer confidence fell in August by the most in 10 months, the New York-based Confidence Board said Tuesday.

August 28, 2012

More Equipment Financed in 2011, Survey Says

Equipment financing activity within the trucking industry rose to $4.17 billion in 2011, a 3.5% gain from $4.03 billion in 2010, the Equipment Leasing and Finance Association reported.

August 28, 2012

Volvo Exec Leaving Truck Division; Company Launching European Truck in September

Ron Huibers, Volvo Trucks’ president of sales and marketing in North America, is leaving the truck-making unit to become president of Volvo Penta Americas, which makes boat engines.

August 28, 2012

ATA Urges DOT to Reject Virginia I-95 Tolls

American Trucking Associations is urging the U.S. Department of Transportation to reject an application by the Commonwealth of Virginia to toll I-95.

August 29, 2012

UPS to Restructure New England Teamsters’ Pension Pact

UPS Inc. said it reached an agreement with the Teamsters union to restructure a pension plan covering 10,200 union workers in the New England region.

August 27, 2012

Navistar’s Ustian Steps Down

Navistar International Corp. said Monday that Chairman and CEO Daniel Ustian is retiring effective immediately, and that it has named an interim replacement.

August 27, 2012

Gasoline Gains 7¢ in Two Weeks to $3.76 a Gallon, Lundberg Survey Reports

Gasoline rose 7 cents in the past two weeks to $3.76 a gallon, and oil prices swung lower as Tropical Storm Isaac entered the Gulf of Mexico.

August 27, 2012