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Selleck Takes Chairman/President Post at Michelin North America

Pete Selleck has assumed his posts of chairman and president of Michelin North America, succeeding Richard Wilkerson, who is retiring, the tire manufacturer said Monday.

October 17, 2011

Diesel Fuel Jumps 8¢ to $3.801 a Gallon; Gasoline Price Gains 5.9¢ to $3.476

Diesel’s national average pump price jumped 8 cents to $3.801 a gallon, turning around five weeks of declines, while gasoline also increased, the Department of Energy said.

October 18, 2011

Business Inventories Rise 0.5%

Business inventories rose 0.5% in August, the Commerce Department said Friday.

October 14, 2011

Consumer Confidence Drops

Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 14, 2011

FMCSA Set to Issue Operating Authority to Mexican Carrier

The Federal Motor Carrier Safety Administration said Friday it will issue a permit for a Mexican carrier to begin operations in the U.S. under the cross-border trucking program.

October 14, 2011

Volvo, Mack Say 13-Liter Engines Most Popular Choice for Class 8’s

Volvo Trucks and Mack Trucks said 13-liter engines have become the number one choice of U.S. Class 8 truck customers, and that they sell more 13-liters than any other company.

October 14, 2011

Investor Carl Icahn Buys 9.8% Stake in Navistar

Billionaire investor Carl Icahn bought a 9.8% stake in Navistar International Corp., making him the second-biggest holder in the company, Bloomberg reported.

October 14, 2011

Retail Sales Rise 1.1% in September

Retail sales climbed 1.1% in September, the largest gain since February, the Commerce Department said Friday.

October 14, 2011

Intermodal Traffic Rises 2.4% for Week

U.S. intermodal traffic rose 2.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 14, 2011

Opinion: Keeping On, Despite Challenges

When we gathered in Phoenix last year, I said I was hopeful that, like the mythical bird the city was named for, our industry was preparing to rise from the ashes of the deep recession we’d just fought through and that, when we came together in Grapevine, as with many things in Texas, things would be “bigger and better” for our industry.

October 16, 2011