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OEMs Confident of Meeting Growing U.S. Truck Demand

Truck manufacturers said they are prepared to boost production to meet increasing demand in 2011, although some experts warned shortages of key components could develop as suppliers struggle to keep up with what could be one of the strongest sales markets in years.

December 13, 2010

Diesel Rises 3.5¢ to $3.197

U.S. retail fuel prices jumped last week, reversing declines over the past two weeks, as the average cost of a gallon of diesel rose 3.5 cents to reach $3.197, the U.S. Department of Energy reported.

December 13, 2010

Truck Orders Gain 148%

Orders for Class 8 trucks in North America soared to more than 26,000 in November, jumping at least 148% from a year ago and 38% from October, industry consultants said.

December 13, 2010

U.S. Trade Deficit Drops 13% in October

The U.S. trade deficit declined 13% in October as a weaker dollar boosted U.S. exports, the Commerce Department said Friday.

December 10, 2010

Dynamex Receives Higher Buyout Bid

Dynamex Inc., Dallas, said it had received a new offer of $25 a share from a potential buyer that exceeds the acquisition proposal from an affiliate of Greenbriar Equity Group LLC.

December 10, 2010

Mica to Lead House Transportation Committee

As expected, Florida Republican John Mica will head the House Transportation and Infrastructure Committee when the new Congress convenes in January.

December 9, 2010

Opinion: Collaborative Distribution

I believe there is no looming capacity shortage and there are plenty of truck drivers, even after we lose more than 200,000 drivers through CSA, as some experts predict.

December 10, 2010

Wholesale Inventories Increase 1.9%

Wholesale inventories rose 1.9% in October, the Commerce Department said Thursday.

December 9, 2010

Jobless Claims Fall 17,000 for Week

Initial jobless claims fell by 17,000 last week, the Labor Department said Thursday.

December 9, 2010

Supervalu Selling Logistics Unit to Ryder

Grocery store chain Supervalu Inc. said it is selling its Total Logistic Control subsidiary to Ryder System.

December 9, 2010