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ArvinMeritor Buying Canadian Company; Affirms Forecast

Heavy-duty parts maker ArvinMeritor said Tuesday it will acquire Mascot Truck Parts, based in Ontario, Canada. Terms were not disclosed.

December 11, 2007

N.Y. Thruway Truck Tolls Set to Rise in January

Truck traffic will shift to secondary roads if a proposed toll increase on the New York state Thruway goes into effect, business leaders told state lawmakers Monday, the Rochester (N.Y.) Democrat and Chronicle reported Tuesday.

December 11, 2007

FedEx Ground Plans $87 Million Ohio Hub

FedEx Corp. said Tuesday it will be build an $87 million facility in Ohio for its FedEx Ground unit, as part of plans to double its North American ground shipping capacity.

December 11, 2007

Fed Cuts Key Interest Rate Quarter-Point to 4.25%

The Federal Reserve voted Tuesday to lower the benchmark U.S. interest rate by a quarter of a percentage point to 4.25%, the third reduction in four years.

December 11, 2007

FMCSA Retains Key Hours-of-Service Provisions

WASHINGTON — The Federal Motor Carrier Safety Administration said it was preparing to release a new version of its hours-of-service rule that was nearly identical to one previously rejected by a federal court.

December 12, 2007

Fed Eyes Interest Rate Cut

Federal Reserve policymakers are expected to lower a key interest rate for a third time this year to forestall housing and credit market turbulence from further hurting the economy, the Associated Press reported.

December 10, 2007

Mexican Trucks in Cross-Border Program Now Top 55, Paper Says

At least 55 Mexican trucks have received approval to make deliveries anywhere within the United States under the Transportation Department’s pilot program, the San Antonio Express-News reported.

December 10, 2007

Navistar Files Statements for 2003-2005

Navistar International Corp. said Monday it had filed financial information statements for its 2003-2005 fiscal years with the Securities and Exchange Commission, reporting a profit for 2005 but losses for the two previous years.

December 10, 2007

Gas Drops 9¢ to $3 a Gallon, Lundberg Says

The average price of regular gasoline fell by about 9 cents in the past three weeks, according to the latest Lundberg Survey of filling stations released Sunday.

December 10, 2007

California Approves Port Emissions Rules

California state regulators enacted strict air emission rules Friday that will ban much of the current fleet of diesel trucks from all ports statewide, the Los Angeles Times reported Saturday.

December 10, 2007