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Oil traded near $100 a barrel early Monday, its highest level in more than two years, as ongoing Middle East political turmoil raised concerns that production may be disrupted further, Bloomberg reported.

Consumer personal spending rose 0.2% in January, the Commerce Department said Monday.

Logistics firm Andrews Logistics has named Brian Jarvis its president, it said Monday.

No one knows the Canada-U.S. border and the difficulties even the most trusted individuals and companies have had crossing it in the “security trumps trade” post-9/11 world than truckers. It’s not surprising, then, that truckers welcome the announcement from U.S. President Barack Obama and Canadian Prime Minister Stephen Harper that the two countries are embarking upon negotiations aimed at improved cooperation and coordination at the border.

Just as the U.S. economy seems to be growing some serious muscle, international events are threatening to intervene in what has become a period of steady business improvement.

CORAL GABLES, Fla. — More truck drivers will be receiving pay increases in the second quarter as fleets’ prospects improve and driver supply tightens, a compensation expert told an industry conference.

The number of new commercial trailers registered in the United States in 2010 reached 105,471, a 42% increase from the previous dismal year, R.L. Polk & Co. reported.

The increase in Class 8 truck demand that began late last year has some component makers scrambling to meet the sudden surge, and one analyst warned the supply problem could get worse if orders grow as expected.

Truck tonnage surged 8% in January from a year earlier, helped by continued growth in the manufacturing sector, pushing American Trucking Associations’ tonnage index to its highest level since January 2008.