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Obama Calls on Congress for More Regulation of Oil Markets

President Obama urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and more power for regulators, Bloomberg reported.

April 18, 2012

Trucking Continues as Primary Freight Mode, ATA Report Says

Trucking continues to be the dominant U.S. mode of freight transportation, hauling 67% of freight last year, according to a new American Trucking Associations report.

April 18, 2012

Martens 1Q Profit Jumps 33%

Marten Transports first-quarter profit jumped 33% on higher logistics and truckload revenue.

April 18, 2012

Daimler Opens Truck Manufacturing Plant in India

CHENNAI, India Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into Indias domestic market, the worlds fastest growing for trucks and buses.

April 18, 2012

Werners First-Quarter Profit Rises 30%

Werner Enterprises said its first-quarter profit rose 30% on more steady and balanced freight trends early this year.

April 18, 2012

Heartland Express Reports Higher 1Q Profit

Truckload carrier Heartland Express on Tuesday said its first quarter profit rose to $16.6 million, or 19 cents per share, from $14.9 million, or 16 cents, a year ago.

April 17, 2012

Industrial Production Unchanged in March

Industrial production remained unchanged in March for a second month, the Federal Reserve said Tuesday.

April 17, 2012

Navajo Express Expands Dry Van Operations

Navajo Express said it has expanded the operations of its dry van division, Digby Truck Lines, between the California coast and the Pacific Northwest.

April 17, 2012

Frito-Lay Adding Natural Gas Trucks to Fleet

Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.

April 17, 2012

Housing Starts Fall 5.8% in March

Housing starts dropped 5.8% in March to a five-month low, the Commerce Department said Tuesday.

April 17, 2012