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Tire maker Michelin said plans to invest $300 million to make tires in China, Bloomberg reported.

The U.S. average retail price of diesel fuel dipped by 0.5 cent to $2.676 a gallon last week, its second straight tiny decline, the Department of Energy said.

A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs — upon which motor carriers depend to insulate them from fuel price spikes — vulnerable to demands for change by shippers.

The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.

The U.S. economy grew at a 2.5% rate in the fourth quarter, higher than previously reported, the Commerce Department said Thursday.

Air and ocean freight forwarder UTi Worldwide's fourth-quarter net income rose to $23.6 million or 24 cents a share, from $9.7 million or 10 cents a year earlier.

This Mexican truck program is contrary to everything the United States should be doing.

Crude oil futures rose to more than $64 a barrel in early trading Wednesday on the New York Mercantile Exchange, the seventh straight trading day of increases, Bloomberg reported.

The owner of the bridge that connects Detroit to Windsor, Ontario, has applied for $1 billion in U.S. bonds to help pay for a new twin span, and the state agency that will help make that decision is a chief competitor in building a new bridge, the Detroit News reported.