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Revenues in the North American Class 6-8 truck powertrain systems and components aftermarket could reach $3.2 billion by 2012, driven by increased truck demand, according to a study released Wednesday by Frost & Sullivan.

After falling to a two-month low of $68.65 in afternoon trading, crude oil futures rose 39 cents to close at $70.10 a barrel on the New York Mercantile Exchange, Bloomberg reported.

Several East Coast ports announced they have closed as Tropical Storm Ernesto moves closer to land.

Navistar International Corp. will lay off 380 United Auto Workers members and an undisclosed number of non-union workers at its Indianapolis assembly plant, the Associated Press reported Tuesday.

U.S. consumer confidence fell to a nine-month low in August, the New York-based Conference Board said Tuesday.

Less-than-truckload carrier New England Motor Freight will build a new 72,000-square-foot terminal in Hagerstown, Md., the carrier said Tuesday in a release.

Surface trade among the United States, Canada and Mexico rose 12.6% in June compared with a year earlier, the Department of Transportation reported Tuesday.

Diesel fuel’s average national price dropped 0.6 cent to $3.027, the Department of Energy reported Monday.

UAW members at the Freightliner plant in Mount Holly, N.C. approved on Sunday a new contract, ending a strike that went into effect after midnight on Saturday, local television station WSOCTV reported.

Federal Reserve commissioners were unsure of the need for further interest rate increases after deciding during the Fed's Aug. 8 meeting to hold rates at 5.25%, according to minutes of the meeting that were released Tuesday.