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The National Highway Traffic Safety Administration has finally responded to our request for a federal mandate to limit heavy-duty truck speeds to 68 mph in order to improve safety on the nation’s highways.

Ryder System has completed its acquisition of Total Logistic Control at a cost of $200 million, the company said.

Initial jobless claims rose last week but declined in the past month, the Labor Department said Thursday.

U.S. automobile sales rose last year for the first time since the recession, increasing 11% from a year earlier.

Steven Rubin, president of TRAC Intermodal, has been elected chairman of the board of directors of the Intermodal Association of North America.

Surface transportation trade among the United States, Canada and Mexico rose 14.9% in October from a year earlier, the Department of Transportation said.

Oil slipped below $89 a barrel Wednesday following a report that showed diesel and gasoline inventories improved more than forecast last week, Bloomberg reported.

The U.S. economy’s service sector expanded in December at the fastest pace in four and half years, the Institute for Supply Management said Wednesday.

U.S. employers announced the fewest job cuts last year since 1997 as the economy continued to recover, according to a private survey released Wednesday, Bloomberg reported.