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Declaring the current system irrevocably “broken,” Transportation Secretary Mary Peters unveiled the Bush administration’s final major surface transportation policy initiative — a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.

Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.

Goodyear Tire & Rubber Co.’s second-quarter profit rose to $75 million, or 31 cents a share, from $56 million, or 26 cents, in 2007 as stronger international sales offset a slip in the North American market, the company said Thursday.

The U.S. Coast Guard has begun setting dates when truckers and others who enter ports in ports must have the government-issued Transportation Worker Identification Credential, or TWIC, that is meant to prevent terror attacks on the docks.

Part of Iowa Highway 1 that had been severely damaged by heavy flooding last month has reopened, the state's transportation department said Wednesday.

Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market.

Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.

Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.