Second-Quarter GDP Grew by 3.3%

The U.S. economy grew at a 3.3% annual rate in the second quarter, up from an earlier estimate, the Commerce Department said Thursday.

Missouri Sets Some Left-Lane Restrictions

Beginning Thursday, Missouri will ban big rigs from driving in the left lane of highways with three or more lanes in a single direction, the Kansas City Star reported.

Editorial: Truck Driver Appreciation

A good rule of thumb is that you cannot appreciate truck drivers too much. But we’re convinced that expression of admiration for what America’s 3.5 million professional drivers accomplish on a daily basis carries a certain value.

Oil Rises on Lower Inventories;
Gustav May Strengthen

Oil prices rose more than $2 to top $119 a barrel Wednesday following a report that inventories declined last week, Bloomberg reported.

Durable Goods Orders Rise 1.3% in July

Durable goods orders rose 1.3% in July, the Commerce Department said Wednesday.

Diesel Falls 6.2¢ to $4.145 a Gallon

The average national price of retail diesel fuel continued its downward trend, falling 6.2 cents to $4.145 a gallon, the Department of Energy said Monday.

Carriers Expect Weak Volume During Usually Strong Season

Freight carriers are preparing for a relatively weak peak shipping season this year as major retailers react to sluggish economic growth by cutting back on imports and reducing the volume of goods that typically move by truck and rail during what is usually the busiest shipping period in the third and fourth quarters.

Class 8 Fleet Growth Stagnant In 2nd Quarter, Polk Reports

Growth in the nation’s fleet of Class 8 trucks ground to a halt during the second quarter, as U.S. registrations for vehicles in operation rose by just 0.75%, according to R.L. Polk & Co.

Rising Transport Costs Push Shippers to Reshape Packaging

Whether the product is laundry detergent or basketballs or almost anything else, changing the way things are packaged to make the most out of a trailer’s space is introducing a little-noticed structural change to the trucking industry.

Diesel Falls to 3-Month Low

The U.S. retail diesel average fell another 14.6 cents to $4.207 a gallon last week, extending the most pronounced drop in two years to a fifth consecutive week, the Department of Energy reported.