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Oil Price Falls Following Report on Higher Inventories

Oil prices fell to near $104 a barrel Wednesday following a Department of Energy report showed that crude stockpiles jumped almost 3 million barrels last week, Bloomberg reported.

March 30, 2011

ArvinMeritor Changes Name to Meritor Inc.

Vehicle parts supplier ArvinMeritor Inc. said it has changed its name to Meritor Inc., and separately lowered its second-quarter earnings outlook and said it was closing its European trailer axle business in July.

March 31, 2011

MATS Equipment Vendors See Stronger Truck Market

LOUISVILLE, Ky. — Vendors at the Mid-America Trucking Show said that the growing U.S. economy will support a stronger truck equipment market this year and for the next few years, at least.

March 31, 2011

Consumer Confidence Hits Three-Year Low

Consumer confidence reached a three-month low in March, the New York-based Conference Board said Tuesday.

March 29, 2011

NAFTA Surface Trade Rises 19.5% in January

Surface transportation trade among the United States, Canada and Mexico rose 19.5% in January from a year earlier, the Department of Transportation said Tuesday.

March 29, 2011

Volvo Begins Selling Heavy Hybrid Trucks in Europe

Volvo AB said Tuesday it has begun selling heavy-duty hybrid trucks in European markets.

March 29, 2011

Mica Optimistic on Long-Term Transport Bill

Rep. John Mica (R-Fla.), chairman of the House Transportation & Infrastructure Committee, told a group of shippers attending a Washington legislative policy forum Tuesday that he plans to get a long-term transportation reauthorization bill on the House floor sometime in May.

March 29, 2011

ATA Chairman Makes Trucking’s Case for Highway Bill at Congressional Hearing

American Trucking Associations Chairman Barbara Windsor told a congressional panel Tuesday that the trucking industry needs a new surface transportation bill, with a focus on highways, as soon as possible.

March 30, 2011

FedEx, UPS Set New Asian Flights

UPS Inc. and FedEx Corp. Monday announced new flights connecting Asia with North America and Europe.

March 28, 2011

Clean Energy to Provide CNG at Atlanta-Area Stations

Clean Energy Fuels Corp. has agreed to establish compressed natural gas facilities at the Atlanta-area fuel stations of PS Energy Group.

March 28, 2011