Business

Navistar Inc. said it will not attend the 2016 Mid-America Trucking Show, making it the third major truck manufacturer to pull out of the event.

Sales at U.S. retailers unexpectedly dropped in June, curbing optimism about the strength of the rebound in consumer spending during the second quarter.

A federal judge in New Jersey has approved a motion to seal the terms of a court settlement in comedian Tracy Morgan’s lawsuit against Wal-Mart Stores Inc. in connection with a crash that left Morgan in a coma for days and that killed another comedian.

C.R. England introduced the 2016 Western Star 5700 XE tractors into its fleet July 14.

Diesel’s national average price declined for the seventh consecutive week, slipping 1.8 cents to $2.814 per gallon, the Department of Energy reported July 13. That makes diesel $1.08 cheaper than a year ago, DOE said after its weekly survey of filling stations. But gasoline climbed 4.1 cents to $2.834.

The nation’s largest for-hire carriers are becoming more selective about the freight they haul, taking steps to minimize delays and focusing on better utilization of equipment and personnel as strong demand and a shortage of drivers continue to strain capacity.

Wisconsin Gov. Scott Walker signed a $73 billion dollar state budget July 12, a day before announcing that he would join 14 other Republicans as a candidate for president of the United States.

UPS Inc. said 78% of small or midsize manufacturers believe customers’ service expectations are rising, but just 12% view their after-sales service as a key advantage.