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Cummins Boosts Dividend

Diesel engine maker Cummins Inc. said its board agreed to raise the company’s quarterly cash dividend by 25 cents per share, from 18 cents per share, a 39% increase.

July 11, 2007

Trucking Firms Working to Keep Drivers Healthy

Trucking firms are taking more measures to help the health of drivers, helping to boost both drivers’ welfare and their own bottom lines, the Associated Press reported.

July 11, 2007

Mexico Posts Requirements for U.S. Trucks Seeking Access to Roads Under Pilot Project

The Mexican government has posted its requirements and procedures for U.S. trucking companies seeking access to its highways as part of a controversial cross-border pilot project.

July 11, 2007

June ISM Services Index Reaches 14-Month High

The economy’s service sector growth rate grew at the fastest pace in more than a year in June, the Institute for Supply Management said.

July 10, 2007

Wholesale Sales Jump 1.5%; Inventories Gain

Wholesale sales rose faster than inventories rose in May, jumping 1.5%, the Commerce Department said Tuesday.

July 10, 2007

Trucking Industry’s Largest Carrier Turns 100

Order a T-shirt from Jockey online or send your Toshiba laptop for repair, and your new shirt probably will arrive the next day, your repaired computer within the week. Both likely will come from Worldport, UPS Inc.’s 4 million-square-foot international air hub in Louisville, Ky.

July 9, 2007

Trailer Shipments Plunge 11.8%

Shipments of new trailers to dealers and fleets fell 11.8% during the first five months of 2007, due in large part to the weaker economy, and will fall further this year, according to trailer manufacturers and analysts.

July 9, 2007

Caltrans to Set Highway Project Approvals

California has become the first of five eligible states under a new federal transportation law to participate in a pilot program allowing the state’s Transportation Department to take the lead from the Federal Highway Administration for environmental approvals on transportation projects.

July 7, 2007

Shell to Build New Lubricants Plant in China

Shell Limited, part of Shell Oil Co., broke ground late last month on a lubricants blending plant in southern China.

July 9, 2007