Business

Retail sales declined 0.5% in June, the Commerce Department said Monday.

Electronic sensors and enforcement are being credited as reducing the number of truck related crashes in Washington State, the Associated Press reported.

Gasoline fell 7 cents in the past three weeks to $3.41 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

We all got half a loaf when President Obama signed the new highway bill into law on July 6.

Trucking has emerged from the economic recession leaner and more profitable, and many executives of the nation’s largest for-hire carriers are now making a more concerted effort to address the long-standing issue of driver turnover.

Second-quarter trucking earnings are expected to show that higher freight rates and lower fuel prices helped most publicly traded fleets notch better results than a year ago, analysts said.

Investor Wood Creek Capital Management, along with Bowman Sales and Equipment Inc. and Milestone Trailer Leasing, last week bought 27,000 U.S.-based trailers from GE Capital, continuing the transformation of the highway leasing market.

Navistar International Corp.’s new plan to meet federal emissions standards by adding an engine technology it previously disparaged is raising a wide range of questions, according to industry analysts.

Rising prices for older-model used trucks have forced sellers to come up with new approaches to make tractors more affordable, according to industry executives.

President Obama signed a new transportation reauthorization law on July 6 that drew measured praise from truckers, shippers, road builders and others who said they were relieved a new law was enacted, even if it does not address long-term funding for the nation’s highway system.