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Holmes Named President of UPS Freight

UPS Inc. said Wednesday that Jack Holmes, who has headed the operations of UPS Freight for the past year, has been promoted to president of the less-than-truckload unit.

August 1, 2007

ISM Factory Index Slips in July

The Institute for Supply Management’s manufacturing index fell in July, ISM said Wednesday.

August 1, 2007

Company Wins FMCSA Contract to Help Truckers Find Parking

Foster-Miller Inc. said Tuesday it was awarded a $396,000 contract from the Federal Motor Carrier Safety Administration to develop an automated system to help long-haul truckers find available parking.

August 1, 2007

Oil Closes at Record $78.21 a Barrel

Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.

August 1, 2007

EGL Shareholders Approve Buyout

EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.

August 1, 2007

ATA Seeks Clearinghouse for Drug, Alcohol Testing

American Trucking Associations Wednesday urged Congress to authorize and fund a centralized clearinghouse for positive drug and alcohol testing results of truck drivers.

August 1, 2007

After 8 Years, Va. ‘Mixing Bowl’ Construction Finishes

After eight years of construction, work on the $676 million Springfield interchange in Northern Virginia, site of one of the East Coast’s worst bottlenecks, is complete.

July 31, 2007

Oshkosh Reports Higher 3Q Earnings

Specialty truck maker Oshkosh Truck Corp.’s fiscal third-quarter improved and the company raised its earnings outlook for the year.

August 1, 2007