Business

Michael Card, second vice chairman of American Trucking Associations, urged insurance underwriters in London last week to re-enter the U.S. trucking market.

American Trucking Associations’ latest study of driver trends shows a continued aging of the driver corps, lower pay for independent contractors and a wide variation in wage-increase policies.

Rising freight rates and effective cost controls are expected to push many publicly traded second-quarter freight industry earnings to their highest levels since 2008, with three companies likely to post record profits for any quarter.

Navistar Inc. has formally resumed its battle with the U.S. Environmental Protection Agency, filing a second federal lawsuit to block the agency’s recently updated guidance for certification of heavy-duty truck engines using selective catalytic reduction technology to reduce emissions.

Clean Energy Fuels Corp. received a $150 million cash infusion last week to help it build an extensive nationwide network of 150 natural-gas truck-fueling stations.

Greatwide Logistics Services last week said it selected John Tague to succeed trucking industry veteran Leo Suggs as CEO of the Dallas-based diversified transportation provider.

The average price of U.S. retail diesel rose 4.9 cents a gallon last week to $3.899, the first increase in four weeks and the largest in three months, according to the Department of Energy.

Industrial production rose 0.2% in June as factory output held steady and utility output increased, the Federal Reserve said Friday.

Consumer confidence fell to a two-year low this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.