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Eight trucks were sold in two Internet auctions earlier this month, a development that left the auctioneers confident about future profitability of their Internet commerce venture.

In the news this morning: Oil prices holding after recent drop; NAPM reports factory sector sluggish during second quarter; Allied Holdings will realign its subsidiaries; and more.

This afternoon's headlines: Slow North American sales hit Grupo Dina in second quarter; Court orders truck stop owner to pay $7.7 million for copying Flying J's floor plan; DaimlerChrysler begins tender offer for Detroit Diesel; and more.

The International Brotherhood of Teamsters is surveying its 1.5 million members to determine if they want to endorse anyone for president this November.

Today's technology headlines: Food And packaging firms form online exchange; distributors weigh long-term impact of online exchanges; GPS receviers and laser range finders add functionality to mobile computers; and more.

The Department of Transportation and its divisions are doing a poor job meeting deadlines for new rules and taking years to complete the rulemaking process, said Democratic Rep. James Oberstar.

The AFL-CIO’s Transportation Trades Department is raising a warning flag on the Department of Transportation’s proposal to use electronic on-board data recorders to track hours-of-service compliance.

TCT Logistics bolstered its less-than-truckload operations in Canada with the purchase of Daily Motor Freight of Mississauga, Ontario, for cash and stock valued at $7.2 million in Canadian currency.

Teamsters President James P. Hoffa will be a delegate to the Democratic National Convention that kicks off in Los Angeles on Aug. 13, after he makes an appearance at this week's Republican National Convention in Philadelphia.

In the news this morning: OPEC members say production will not increase; truck body maker Supreme Industries says earnings fall short of expectations; Western Star shuts down South Carolina plant for three weeks amid sales slump.