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May Housing Starts Fall 4.8%

Housing starts dropped 4.8% in May, the Commerce Department said Tuesday.

June 19, 2012

FedEx Reports Higher Adjusted 4Q Profit

FedEx Corp. said Tuesday its fourth-quarter profit slipped to $550 million, or $1.73 per share, from $558 million, or $1.75, a year ago.

June 19, 2012

YRC Revamps Network to Cut Transit Times

YRC Freight, the national trucking unit of YRC Worldwide, said it has completed streamlining its less-than-truckload network to accelerate service on all major U.S. freight lanes, a move intended to enhance service.

June 19, 2012

May Truck Tonnage Rises 4.1%

Truck tonnage rose 4.1 % in May from a year ago, the biggest year-over-year gain since February, American Trucking Associations said Tuesday.

June 19, 2012

A&S Services Buys Kinard Trucking

A&S Services Group said Monday it has acquired Kinard Trucking and its affiliates. Terms were not disclosed.

June 18, 2012

EPA Sets Class 8 Retread Standards

The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.

June 18, 2012

Volvo’s North American Deliveries Up 31% in May, as Mack’s Sales Jump 80%

Volvo AB said Monday its May North American heavy truck deliveries rose 31% from a year ago.

June 18, 2012

Diesel Drops 5.2¢ to $3.729 a Gallon; Gasoline Falls Again

Diesel fell for a 10th straight week, dropping 5.2 cents to $3.729 a gallon, an eight-month low, while gasoline also continued to fall, Department of Energy said.

June 19, 2012

Industrial Production Declines in May

Industrial production dipped 0.1% in May in the second decline in three months, the Federal Reserve said Friday.

June 15, 2012

Michigan, Canada to Build New Detroit Bridge

Michigan and Canada have agreed to build a second bridge linking Detroit and Windsor, Ontario, Bloomberg reported Friday.

June 15, 2012