Business

Oil rose to nearly $87 a barrel in early trading Monday, following a report that consumer spending increased more than forecast, Bloomberg reported.

Consumer personal spending climbed 0.8% in July, the Commerce Department said Monday.

Rand McNally Co. has elbowed its way onto the EOBR scene by unveiling a new in-cab communication device it calls the TND 760 Fleet Edition and sells for $799, while cab-communications giant Qualcomm Inc. said it will meet that price with a new model to be introduced later this year.

BOCA RATON, Fla. — PeopleNet officials here emphasized repeatedly that their customers will see few, if any, changes resulting from their company’s recent acquisition by Trimble Navigation Ltd.

GPS Insight LLC has unveiled a new GPS fleet-tracking dashboard interface.

American Trucking Associations’ tonnage index climbed 3.9% in July, the 20th consecutive year-over-year increase, despite growing uncertainty about the strength of the U.S. economic recovery and freight demand in the months ahead.

C2Logix Inc. and CD SRVS said they are combining their products to offer a single offering for route optimization and fleet communication.

The housing market crash apparently has had at least one silver lining for trucking: It has brought more lenders into the truck financing market.

Equipment-leasing and fleet-management firms said they are seeing a rise in demand for truck rentals as customers seek to replace aging vehicles and test new technology in response to improving business conditions.

This year in Orlando, Fla., the National Truck Driving Championships produced another crop of deserving winners, fitting role models for the men and women who move America’s economy in their rigs every day of every year.