ºÚÁϳԹÏÍø

The late Mike Russell of American Trucking Associations was a good man, and the transportation world will miss his rich, booming, made-for-broadcast voice for a long time to come.

Norman Mineta has been an exceptional secretary of Transportation and we’re going to miss him at the helm of the nation’s transport efforts.

Oil retreated from a new record intraday high Friday of $75.78 a barrel after signs of a decrease in tension between the West and Iran, news services reported.

The Department of ºÚÁϳԹÏÍøland Security said Thursday it was allocating $4.8 million to the Highway Watch program for the current fiscal year.

The Transportation Department’s transportation services index for May rose 1.1% from its April level and the freight index also rose, DOT said Friday.

Air cargo shipments jumped 9.9% in May compared with the same month last year, the Air Transport Association said Thursday.

The U.S. economy’s service sector growth declined in June, the Institute for Supply Management said Thursday.

Con-way Inc. has paid $9.2 million to settle a suit by former pilots and crew members who worked for the company’s airfreight unit until it was shut down five years ago, Bloomberg reported Thursday.

Ryder System has entered into an alliance with Teletrac and Cingular Wireless to launch RydeSmart, an onboard telematics technology designed to improve vehicle uptime, driver efficiency, highway safety and cargo security.

Insurance broker Hub International Ltd. has acquired Montreal-based AssurConseil, an insurance broker with trucking expertise, Hub said late Wednesday.