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U.S. retail diesel prices declined 3.4 cents to $4.116 a gallon last week, dipping after reaching the highest levels in more than four years a week earlier, the Department of Energy reported.

The American Transportation Research Institute is surveying drivers and carriers on the use of navigation systems.

Oshkosh Corp. on Friday reported an operating profit for its most recent fiscal quarter and said its board rejected a takeover bid by investor Carl Icahn.

Consumer confidence rose to a five-year high in October, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Hurricane Sandy, a large storm tracking toward landfall on the East Coast early next week, could become the worst storm to hit the Northeast in 100 years, Bloomberg reported.

Universal Truckload Services said its third-quarter net income rose slightly from a year ago.

XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.

Echo Global Logistics reported a third-quarter profit and said it acquired Sharp Freight Systems.

Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.