Business

The new Texas toll road that has the nation’s fastest speed limit — 85 mph — is rarely used by trucks because it is expensive and has little to offer, carriers said.

Perdue Partners said it has acquired Atlanta-based logistics company Benton Express Inc. Terms were not disclosed.

U.S. retail diesel prices inched down 0.7 cent a gallon last week, but at $4.027 the average price of trucking’s main fuel has now topped $4 for a record 26th week this year, the Department of Energy reported.

Rep. Nick Rahall (D-W.Va.), was selected by the House Democratic Caucus last week to continue to serve as the ranking member on the House Transportation and Infrastructure Committee when the new Congress convenes in January.

The U.S. Supreme Court should let stand an appeals court decision giving the Port of Los Angeles the right to impose requirements on motor carriers that want to operate at the port, the U.S. Solicitor General said in a legal brief.

U.S. rail intermodal traffic fell 1.2% for the week ended Saturday from the same week last year, due in part to the eight-day strike at the California ports of Los Angeles and Long Beach.

American Trucking Associations Friday named Linden Lundberg the group’s new regional vice president for membership.

Consumer confidence declined in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

A House bill introduced Wednesday would create a pilot program to test truck drivers’ hair strands for evidence of illegal drug use.