Business

Truck makers sold 15,929 Class 8 vehicles in the United States in June, the highest total so far in 2013, but also the 10th consecutive year-over-year decline, WardsAuto.com reported.

Pilot Flying J last week agreed to settle nationwide fuel-price fraud complaints in a class-action proceeding to end a three-month saga that could cost the company at least $26 million.

Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.

Medical professionals and state driver licensing agencies objected to a proposal to require daily updates of commercial drivers’ physical exam information, telling federal regulators the system would be burdensome and costly.

An initial round of second-quarter trucking earnings from J.B. Hunt Transport Services Inc. and Marten Transport Ltd., showed modestly higher results last week, which may signal a trend for the industry.

Two Mississippi businessmen have agreed to purchase Frozen Food Express Industries for $38.2 million, which could lead to the creation of the third-largest refrigerated carrier in North America.

CHILLICOTHE, Ohio — Natural gas-powered engines have moved beyond the “science project” stage and into the trucks-for-sale phase, and Kenworth Trucks executives said they believe they can sell every 12-liter Cummins Westport engine they can obtain.

U.S. trucking bankruptcies reached a two-year high of 205 during the second quarter, nearly triple the failures in the corresponding period last year, as fleets battled steadily rising costs, according to a new report.

Medium-duty truck sales climbed 16.6% in June from a year earlier, led by a 53.1% surge in Class 6 purchases, according to WardsAuto.com.

Retail diesel prices rose for a second straight week, hitting $3.867 a gallon after advancing 3.9 cents, while gasoline prices soared, according to the Department of Energy.