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FedEx to Sell Japan Office Business to Konica

FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings, Bloomberg reported.

May 14, 2012

Cummins to Purchase Hilite’s Emissions-Control Business

Truck engine and components maker Cummins Inc. said it has signed an agreement to acquire Hilite International’s emissions-control business. Terms were not disclosed.

May 14, 2012

STB Proposes New Freight Delay Rule

The Surface Transportation Board proposed a new rule that would establish responsibility for payment of demurrage charges when a shipment is delayed en route.

May 14, 2012

E&MU: Tire Makers Refine Compounds to Improve Durability, Mileage

Recent advances in rubber compounding processes have helped make tires more durable and fuel efficient, according to manufacturers who compare the techniques to the culinary arts.

May 14, 2012

San Francisco Bay Area Truck Tolls to Rise Again

Multi-axle vehicles including heavy-duty trucks will be paying higher tolls to cross San Francisco area bridges starting July 1, the Vallejo (Calif.) Times Herald reported.

May 14, 2012

Electric Class 8 Truck Offered for Short Hauls

Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.

May 14, 2012

Ryder to Provide Two Services for ColdTech

Truck leasing and logistics company Ryder System has been awarded a contract to provide distribution and last-mile delivery.

May 14, 2012

Diesel Drops 5.3¢ to Near $4 a Gallon, in Biggest Decline This Year

Diesel took its biggest decline in five months, falling 5.3 cents to $4.004 a gallon, and gasoline fell for a sixth week, the Department of Energy reported.

May 15, 2012

ATRI Studies Large Truck Rollover Locations

The American Transportation Research Institute last week released findings from the first phase of its three-part research effort aimed at mitigating large truck rollovers.

May 11, 2012

Consumer Confidence Climbs to Four-Year High

Consumer confidence rose to a four-year high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

May 11, 2012