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FedEx Reports Higher Adjusted 4Q Profit

FedEx Corp. said Tuesday its fourth-quarter profit slipped to $550 million, or $1.73 per share, from $558 million, or $1.75, a year ago.

June 19, 2012

ATA Asks CFTC to Curb Oil Speculation

American Trucking Associations sent a letter Tuesday to the Commodities Future Trading Commission asking it to reduce offshore oil speculation that drives up the price of diesel and other end fuels.

June 19, 2012

TWIC Holders to Be Offered Three-Year Extensions

Facing long delays in deploying Transportation Worker Identification Credential biometric card readers at U.S. ports, federal officials will soon allow transportation workers to extend their expiring TWIC cards for three years at half the normal enrollment cost.

June 19, 2012

YRC Revamps Network to Cut Transit Times

YRC Freight, the national trucking unit of YRC Worldwide, said it has completed streamlining its less-than-truckload network to accelerate service on all major U.S. freight lanes, a move intended to enhance service.

June 19, 2012

May Truck Tonnage Rises 4.1%

Truck tonnage rose 4.1 % in May from a year ago, the biggest year-over-year gain since February, American Trucking Associations said Tuesday.

June 19, 2012

GE Capital Opens Alt-Fuels Research Site

GE Capital Fleet Services said it has opened its Vehicle Innovation Center in Minnesota to give customers, industry groups and researchers experience with alternative-fuel vehicles.

June 18, 2012

A&S Services Buys Kinard Trucking

A&S Services Group said Monday it has acquired Kinard Trucking and its affiliates. Terms were not disclosed.

June 18, 2012

EPA Sets Class 8 Retread Standards

The U.S. Environmental Protection Agency has established a verification program for tire retreads used by linehaul Class 8 trucks.

June 18, 2012

Volvo’s North American Deliveries Up 31% in May, as Mack’s Sales Jump 80%

Volvo AB said Monday its May North American heavy truck deliveries rose 31% from a year ago.

June 18, 2012

Diesel Drops 5.2¢ to $3.729 a Gallon; Gasoline Falls Again

Diesel fell for a 10th straight week, dropping 5.2 cents to $3.729 a gallon, an eight-month low, while gasoline also continued to fall, Department of Energy said.

June 19, 2012