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Truck component maker ArvinMeritor Inc., Troy, Mich., unveiled a wired “intelligent” axle system that optimizes lubrication during operation. It may improve fuel economy in heavy trucks equipped with the technology, the company said.

UPS Inc. said it has purchased 130 hybrid electric vehicles, which the package carrier will launch into service next year.

Long known for its simplistic and low-tech approach to logistics, the trucking industry fortunately has begun to realize how valuable technology can be in improving productivity and boosting efficiency throughout a company.

GRAPEVINE, Texas — An executive of Xata Corp. said the company’s plans for its phone-based tracking and logging system — Xata Turnpike — include pushing the unit into trucks that already have mobile communications hardware installed.

Construction spending rose 0.4% in August, the Commerce Department said Friday.

YRC Worldwide said Friday its ticker symbol has temporarily changed to ”YRCWD,” from “YRCW,” a standard practice in conjunction with its reverse stock split.

SeaBridge Freight Corp., which moves containers by barge from the U.S.-Mexico border to Florida, is expanding via an unusual route — a “reverse merger” and an injection of federal funds to double its current one-barge operation and add heavy-weight container capacity.

Two U.S. senators, with the support of some of the nation’s largest trucking fleets, introduced legislation last week that would require all trucks to use electronic onboard recorders to monitor their drivers’ hours of service.

William Zollars, the chief executive officer who built YRC Worldwide Inc. into a $10 billion freight company and then navigated the company through large losses during the recession, said last week that he will retire when the company’s comprehensive recovery plan is completed.