Business

Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.

North Carolina legislators have adjourned without passing a proposed increase in the state’s highway use tax, the Truck Rental and Leasing Association said.

Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.

Freight volumes fell in June from year-ago levels for the 11th time in 12 months, American Trucking Associations reported last week, even though second-quarter U.S. economic activity rebounded nicely over the disappointing first quarter.

The catastrophic collapse of the Interstate 35 bridge in Minneapolis last week underscores the need for increased funding for U.S. infrastructure, several transportation officials said.

Officials on both sides of the debate over revising work rules for commercial drivers presented markedly different interpretations of a recent federal appeals court’s ruling striking down portions of the new plan.

More than a million packages a day in metropolitan Chicago have an ideal commute. They roll through the back gate of the UPS Inc. facility here and into the Burlington Northern Santa Fe rail yard next door — without traveling on a public street — so they can catch a train for such places as Kansas City, Denver or California.

Refrigerated truckload carrier Frozen Food Express Industries said it lost $661,000 or 4 cents a share in the second-quarter, compared with a net income of $2.1 million or 10 cents a share a year earlier.

The economy’s service sector growth rate experienced its largest decline in nearly two years in July, falling to 55.8 in from 60.7 in June, the Institute for Supply Management said Friday.