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Existing home sales rose 4% in November to an annual rate of 4.42 million homes, but sales figures since 2007 were revised down, the National Association of Realtors said Wednesday.

Holding company Action Products International on Wednesday announced its acquisition of North East Expedite Logistics, a provider of transportation and logistics services on the East Coast.

By far, the biggest issues telematics device makers faced in 2011 were the wrangling over a final rule on electronic onboard recorders and potential changes to hours of service.

A protracted battle about international trade negotiations appears to have ended in 2011, and for the second time in recent years, the United States agreed to grant Mexican motor carriers the right to operate beyond the 25-mile border zone.

Truck/rail freight’s steady growth trajectory continued in 2011, buoyed by domestic intermodal service that apparently continued to attract more over-the-road freight as truck capacity tightened.

Volvo Trucks and Mack Trucks named new presidents of their respective North American sales and marketing divisions, effective Jan. 1.

This year was the first in which all truck manufacturers had their “vertical integration” model up and running, offering trucks with their own engines — the same way cars are sold.

With membership up, the grip of recession loosening and a healthier if leaner budget, American Trucking Associations ends 2011 reflective of the carriers that make up its ranks, ATA President Bill Graves said.