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MTS Freight, Helena, Mont., a division of Mergenthaler Transfer & Storage, said it bought the operating assets and customer list of less-than-truckload competitor Molerway Freight lines for an undisclosed amount..

Click here to write a Letter to the Editor. rude oil prices surged Wednesday to their highest level since coming off record highs in mid-April, news services reported, and gasoline and distillate futures also climbed.

The Conference Board said Tuesday its index of U.S. consumer confidence rose in May to 102.2, rebounding from April's decline to 97.5.

An index of Chicago-area business declined in May for a second straight month, the National Association of Purchasing Management-Chicago reported Tuesday.

Xata Unveils New-Generation Fleet Technology • New Hampshire Delays E-ZPass Vote • Canada May Export Oil From Tar Sands Fields • XM Reportedly Chooses New Satellite Provider

Less-than-truckload carrier Forward Air Corp. said Tuesday it signed an agreement to buy the airport-to-airport operations of truckload carrier U.S. Xpress Enterprises Inc. for $12.75 million.

Overall trucking freight volumes fell 0.9% on a seasonally adjusted basis to 114.3 in April, according to an American Trucking Associations index released late Friday.

Vitran Corp. said Tuesday it acquired Chris Truck Line, a regional less-than-truckload carrier based in Wichita, Kan., for $29.3 million.

With the increasing number of electrically driven components and greater demand for driver comforts, the desire for extra electrical capacity on trucks is becoming nearly insatiable. A technology that is finding growing use in trucking involves the use of capacitors.

Click here to write a Letter to the Editor. he Environmental Protection Agency said late Friday it would issue rules later this year that would delay the compliance date for the retail sale of ultra low-sulfur diesel next year and allow a higher level of sulfur content during a transition period.