Business

Insurance executives said they strongly support electronic logging but that use of the devices by truckers will not automatically lower fleets’ coverage expenses because carriers’ overall safety records dictate rates.

A portion of the Highway Trust Fund would be dedicated exclusively to a national freight highway network under a bipartisan transportation reauthorization plan being drafted by four U.S. senators.

American Trucking Associations joined more than 30 groups in asking a congressional panel to repeal a tax provision that would require governments to withhold 3% of their contract payments to businesses.

Less-than-truckload carrier Roadrunner Transportation Systems said May 31 it had bought refrigerated carrier Bruenger Trucking Co. in a deal that could be worth up to $13.6 million.

Fed by the international economic recovery and a weak U.S. dollar, North American truck makers are enjoying a sharp upturn in sales of heavy-duty trucks to the rest of the world, particularly Central and South America, Africa, the Middle East and Australia.

WASHINGTON — American Trucking Associations late last month moved its legislative affairs staff into its newly renovated and expanded office complex on Capitol Hill.

The average price of a gallon of retail diesel fuel in the United States declined 4.9 cents to $3.948, the fourth consecutive weekly drop, the Department of Energy reported.

Third-party logistics provider GSC Logistics said it has purchased Seattle-based Best Way Trucking, effective June 1. Terms were not disclosed.

The U.S. unemployment rate rose a tenth of a point in May to 9.1%, while the economy added 54,000 jobs to payrolls, the Labor Department said Friday.

The first formal association of international shippers, including the National Industrial Transportation League, has formed under the banner of the Global Shippers Forum to raise the profile of freight groups in an increasingly global marketplace.