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Cummins Raises Dividend, Lowers Full-Year Sales Forecast

Cummins Inc. saidTuesday it will boost its stock dividend by 25%, but cut its 2012 sales forecast, citing weaker truck orders.

July 10, 2012

DOE Lowers 2012 Diesel Price Forecast

Diesel fuel will average $3.79 a gallon this year, the Department of Energy said, lowering its most recent forecast by 11 cents.

July 10, 2012

TMW Software Suite Integrated Into Rand McNally Mobile Gear

Rand McNally announced on June 26 that its mobile communications devices are now integrated with two applications from TMW Systems Inc., a provider of software to transportation and logistics companies.

July 9, 2012

Xata Cuts Jobs, Focuses on Mobile Platform

Transportation software provider Xata Corp recently cut 29 jobs in a step to better align its workforce with its mobile-based strategy, the company said in a U.S. Securities and Exchange Commission filing.

July 9, 2012

IdleAir to Add Spots at 13 Centers; Open Four New Locations

IdleAir, which provides anti-idling equipment at truck stops, said it will open four new locations and in Pennsylvania and Texas and will be adding 100 new spots in 13 existing locations.

July 9, 2012

ATA Report Sees Trucking Growing Through 2023

Following a drop during the recession and a mild economic recovery, the U.S. freight economy particularly trucking is projected to grow significantly through 2023, according to American Trucking Associations.

July 9, 2012

E&MU: SmartWay Program May Help EPA Shape Greenhouse-Gas Rules

As federal regulators ready mandates to curtail greenhouse-gas emissions and improve heavy-duty trucks fuel mileage, Environmental Protection Agency and trucking company officials said that research gleaned from EPAs 8-year-old SmartWay program can help shape those rules.

July 11, 2012

Oil Holds Near $85 a Barrel

Oil rose over $85 a barrel in early trading Monday, after taking its biggest drop in two weeks on Friday, Bloomberg reported.

July 9, 2012

Diesel Rises 3.5瞽 to $3.683 in First Increase in Three Months; Gas Gains 5.5瞽 to $3.411

Diesel rose for the first time in three months, rising 3.5 cents to $3.683 a gallon, while gasoline also increased, the Department of Energy said Monday.

July 10, 2012

Obama Signs Highway Bill Into Law

President Obama signed the federal highway bill into law at the White House Friday afternoon, which will fund transportation programs through September 2014, C-Span reported.

July 6, 2012