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Construction Spending Rises in March

Construction spending edged up 0.1% in March, the Commerce Department said Tuesday.

May 1, 2012

Cummins’ 1Q Profit Rises on Strong Engine Sales

Truck engine and components maker Cummins Inc. on Tuesday said its first-quarter profit rose on higher sales.

May 1, 2012

FMCSA Hears from Drivers, Carriers on EOBR Issue

BELLEVUE, Wash. — Several dozen truck drivers, motor carriers and law enforcement officers gave federal regulators a candid array of opinions on whether a planned electronic logging device mandate would be properly used as a safety device and fleet productivity tool.

May 1, 2012

FMCSA to Study Crash Accountability Process, Ferro Says

BELLEVUE, Wash. — Nearly two months after announcing an indefinite delay of a highly anticipated process to assess and assign fault on carriers’ safety records for truck-related crashes, the head of the Federal Motor Carrier Safety Administration said the agency has begun to answer critical questions about the issue.

May 1, 2012

ISM Manufacturing Index Improves in April

U.S. manufacturing activity accelerated in April, the Institute for Supply Management said Tuesday.

May 1, 2012

NAFTA Surface Trade Rises 17.4% in February

Surface trade among the United States, Canada and Mexico rose 17.4% in February from a year ago, the Department of Transportation said.

May 1, 2012

Sunoco Being Sold; Delta Buying East Coast Oil Refinery

Two big deals affecting the refinery of crude oil in the Northeast were announced this week: Delta Air Lines will buy a Philadelphia area refinery and Sunoco Inc. is being sold for $5.3 billion.

May 1, 2012

Plug-In Power Added at Midwest Truck Stops

Truck stop electrification vendor Shorepower Technologies said its plug-in power service is now available at three new locations in Nebraska and Iowa.

April 30, 2012

YRC Lenders Back Agreement Changes

YRC Worldwide said Monday it has amended its July 2011 agreement with lenders to set new financial performance targets over the next two years, including a lowered profitability requirement.

April 30, 2012

Fed Holds Rate at Record Low, Sees ‘Moderate’ Economic Growth

The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.â€

April 25, 2012