Business

American Trucking Associations' Share the Road truck participated for the ninth straight year, delivering a shipment of handmade wreaths, as hundreds of volunteers laid more than 200,000 wreaths at Arlington National Cemetery Dec. 13. See photos.

Ingersoll Rand said it has agreed to purchase Frigoblock, a European manufacturer of transport refrigeration units, for 100 million euros ($125 million).

Con-way Freight workers at a Miami terminal voted in favor of union representation, the Teamsters announced.

U.S. rail intermodal traffic increased 2.1% in the week ended Dec. 6 compared with the same week last year, the Association of American Railroads reported.

Americans’ confidence rose in December to an almost eight-year high, pointing to a pickup in holiday-related purchases.

Wholesale prices in the U.S. fell more than forecast in November, led by the biggest drop in energy costs in more than a year, signaling inflation pressures remain weak even as the world’s largest economy is expanding.

Changing demographics among new truck drivers are beginning to shatter the stereotype of an industry dominated by aging white males, fleet and training school officials said.

West Texas Intermediate oil dropped below $60 a barrel for the first time since July 2009 as Saudi Arabia questioned the need to cut output, signaling its priority is defending market share. Brent fell to a five-year low.

Former Arrow Trucking Co. CEO Doug Pielsticker pulled hundreds of thousands of dollars from company accounts to pay for his wedding and luxury cars in connection with a multimillion-dollar bank and tax fraud, according to a federal indictment unsealed in U.S. District Court earlier this month.