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As the former administrator of the Federal Motor Carrier Safety Administration, I have watched with great interest the interplay between the railroads and commercial trucking. The dynamic between the two was evident early on when I realized my confirmation as administrator was being held over the truck size/weight issue.

Crude oil prices rose to more than $70 a barrel Tuesday on the New York Mercantile Exchange, after a fire at the biggest U.S. refiner raised concern over gasoline supplies, Bloomberg reported.

Less-than-truckload carrier Con-way Inc. announced on Monday the buyback of 3.75 million shares of common stock.

The U.S. Federal Trade Commission said a nine-month probe of the oil industry after last year's Hurricanes Katrina and Rita showed fuel providers didn't manipulate the market.

Texas Considers Change in Speed Limit to 80 mph • Study Says Miami Has Highest ‘Road Rage’ Rate • U.S. Ports Vulnerable to Earthquake Damage

Bill Webb, current president of the Texas Motor Transportation Association, announced Tuesday he was leaving his post as president to serve as senior vice president for marketing operations and stakeholder value for Frozen Food Express Industries.

FedEx Corp. is planning to buy Watkins Motor Lines, the largest U.S. privately run less-than-truckload carrier, in what could be a $1 billion deal, the Memphis Commercial Appeal reported Sunday.

Transportation Secretary Norman Mineta will ring the opening bell at the Nasdaq Stock Market on Tuesday.

The average national price of self-serve regular gasoline fell for the first time since February, dropping 2 cents to $2.93 a gallon in the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

Transmission manufacturers say they can alleviate some of the cost burden that will fall on buyers of 2007 medium-duty engines with their new exhaust treatment packages.