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Senate Passes Highway Bill

The U.S. Senate last week passed a two-year, $109 billion transportation bill that contains an array of provisions important to the trucking industry, including creation of a national freight program and a mandate for electronic onboard recorders on trucks.

March 19, 2012

UPS Announces TNT Acquisition

UPS Inc. said Monday it will acquire Netherlands-based TNT Express, after boosting its offer for the Dutch package firm to 9.5 euros per share, from a previous 9 euros per share.

March 19, 2012

Consumer Confidence Declines

Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

March 16, 2012

Industrial Production Unchanged in February

Industrial production was unchanged in February as factory output increased at the slowest pace in three months, the Federal Reserve said Friday.

March 16, 2012

Consumer Price Index Rises in February

The consumer price index rose 0.4% in February as gasoline prices increased, the Labor Department said Friday.

March 16, 2012

Oil Finishes Week Over $107

Oil rose almost $2 Friday to finish the week over $107 a barrel, on signs that the U.S. economy was rebounding, Bloomberg reported.

March 16, 2012

Editorial: Halfway °®¶¹´«Ã½?

Hallelujah, a new highway bill has actually managed to make it successfully through one of the houses of Congress.

March 19, 2012

Opinion: Influential Women in Trucking

Women now comprise more than half the working population and are visible in management and professional careers, and yet they still represent less than 4% of Fortune 500 CEOs, according to Catalyst, a nonprofit organization concerned with expanding opportunities for women in business.

March 19, 2012

Diesel Jumps 2.9¢ to $4.123; Gasoline Rises 3.6¢ to $3.829

Diesel prices continued to climb, as the national average price rose by 2.9 cents to $4.123 a gallon last week, according to the Department of Energy.

March 19, 2012

Carrier Says Truck Fire Probably Caused by Defect in Detroit Diesel Engine

At least one major motor carrier said it had a truck fire related to a defect in Detroit Diesel engines that was the subject of a recent recall, but other fleets using the Detroit engines made by Daimler Trucks North America either didn’t comment or said they had not experienced problems.

March 19, 2012