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Business inventories rose 0.3% in May, the Commerce Department said Tuesday.

To boost lagging enrollments in the Transportation Worker Identification Credential program at Southern California ports, the Port of Los Angeles has opened a new enrollment center close to the adjacent Port of Long Beach.

Retail sales improved 0.1% in June, the Commerce Department said Tuesday.

Prices paid to U.S. producers jumped 1.8% in June, led by surging fuel costs, the Labor Department said Tuesday.

Despite fuel prices zooming toward the outer edge of our galaxy, ours is a nation of crowded highways and busy people who don’t like trucks getting in their way.

Less-than-truckload carrier YRC Worldwide said it named Phil Gaines president of its Yellow Transportation unit, and Ken Bowman senior vice president of finance.

YRC Worldwide will begin testing hybrid trucks this year as part of a corporate commitment to sustainability and said it will save as much as $40 million annually by streamlining its service network to speed up transit times.

Thousands of used trailers are sitting unsold and gathering dust, as freight demand remains tepid and carriers that would typically up-grade their fleets are postponing purchases, spending their money on fuel instead, according to industry experts.

A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.