Business

Of all the filling stations in all the United States, $2 gasoline showed up at Oklahoma City’s first. Why?

UTi Worldwide Inc. and DSV A/S have ended talks after news of DSV’s potential acquisition sent UTi’s shares surging.

FedEx Freight said the Teamsters for the fourth time in five weeks has withdrawn a representation election petition as the unionization battle between the two sides continues.

The House has passed a bill that could give the trucking industry hundreds of millions of dollars in tax breaks this year for everything from buying new trucks to using natural gas.

Mark Rosekind, the Obama administration’s pick to lead the National Highway Traffic Safety Administration, told a Senate panel Dec. 3 his tenure as an investigator of national accidents has prepared him to tackle major safety issues.

Trucking and natural-gas industry witnesses told a Senate panel Dec. 3 that Congress could spur the use of the alternative fuel in the transportation sector by changing the tax code, subsidizing a fueling network and addressing existing weight restrictions on highways.

President Obama told chief executives on Dec. 3 he doubts congressional leaders will be able to advance a long-term comprehensive transportation measure next year, approving instead a short-term highway funding fix.

The national economy continued to expand from early October to late November as some of the 12 districts reported higher trucking revenue, the Federal Reserve said.