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EGL Shareholders Approve Buyout

EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.

August 1, 2007

ATA Seeks Clearinghouse for Drug, Alcohol Testing

American Trucking Associations Wednesday urged Congress to authorize and fund a centralized clearinghouse for positive drug and alcohol testing results of truck drivers.

August 1, 2007

After 8 Years, Va. ‘Mixing Bowl’ Construction Finishes

After eight years of construction, work on the $676 million Springfield interchange in Northern Virginia, site of one of the East Coast’s worst bottlenecks, is complete.

July 31, 2007

Oshkosh Reports Higher 3Q Earnings

Specialty truck maker Oshkosh Truck Corp.’s fiscal third-quarter improved and the company raised its earnings outlook for the year.

August 1, 2007

NAFTA Surface Trade Gains 5.2%

Surface trade among the United States, Canada and Mexico was 5.2% higher in May than a year earlier, the Department of Transportation said Tuesday.

July 31, 2007

Germany’s MAN Reports Improved 2Q Profit

German truck maker MAN AG boosted its 2007 earnings forecast as its second-quarter profit more than doubled on higher sales in Eastern Europe, Bloomberg reported Tuesday.

July 31, 2007

Chicago Manufacturing Index Drops

Manufacturing activity in the Chicago region declined in July, the National Association of Purchasing Management said Tuesday.

July 31, 2007

Consumer Confidence Gains in July

U.S. consumer confidence rose this month, the New York-based Conference Board said Tuesday.

July 31, 2007

Construction Spending Declines 0.3%

Construction spending fell 0.3% in June, the Commerce Department said Tuesday.

July 31, 2007