Business

U.S. retail diesel prices slipped 0.8 cent last week, providing a breather for the trucking industry after seven consecutive weeks of increases that had pushed the average cost to a seven-month high.

With the White House standing in his path and a pair of well-placed senators lining up with the administration, the guessing game in Washington is how long House Transportation Committee Chairman James Oberstar can keep his six-year highway reauthorization bill alive in Congress.

U.S. orders for new trailers put in their best two-month performance in a year through May, leading original equipment manufacturers to express cautious optimism for their industry. However, major OEMs would not declare the recession at an end.

YRC Worldwide and Teamsters union met last week to talk about cost reductions intended to help the largest less-than-truckload carrier lower its expenses and return to profitability.

Transport Topics Online will be closed Friday for the Independence Day holiday. Please check back Monday, July 6, for the latest trucking and freight transportation news.

Transport Topics Online will be closed on Monday, July 5, for the Independence Day holiday. Please check back on Tuesday, July 6, for the latest trucking and freight transportation news.

The number of Americans killed in truck-related crashes fell 12% in 2008 to 4,229, the National Highway Traffic Safety Administration said.

Transportation and logistics firm Amerijet International said it will acquire a majority interest in Nations Express.

U.S. factory orders rose in May for the third time in four months, the Commerce Department said Thursday.