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Construction Spending Climbs to More Than Two-Year High

Construction spending rose in May to the highest level in more than two years, the Commerce Department said Monday.

July 2, 2012

Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months

Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.

July 3, 2012

Oil Falls Following Friday’s $7 Surge

Oil fell more than $1 in early trading Monday after jumping more than $7 on Friday to finish last week near $85 a barrel, Bloomberg reported.

July 2, 2012

UPS Freight Sets 5.9% Rate Increase

UPS Freight, the less-than-truckload unit of UPS Inc. said it was raising its rates an average 5.9%, effective July 16.

July 2, 2012

Volvo Says New Transmission Tech Produces 5% Fuel Savings

Sweden-based Volvo AB said its European division has developed a transmission technology that leads to 5% fuel savings.

July 3, 2012

Chicago Manufacturing Activity Rises

Manufacturing activity in the Chicago area increased in June, the Institute for Supply Management-Chicago said Friday.

June 29, 2012

Consumer Confidence Drops to Lowest Level This Year

Consumer confidence dropped in June to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

June 29, 2012

Consumer Spending Unchanged in May

U.S. Consumer spending was unchanged in May, the weakest reading since November, the Commerce Department said Friday.

June 29, 2012

Daimler’s Detroit Unit Unveils Upgrades to 2013 Heavy-Duty Truck Engine Line

DETROIT — Detroit Diesel Corp. announced a series of enhancements to its 2013 Detroit heavy-duty truck engines that are designed to improve their fuel efficiency and reduce the cost of running and maintaining them.

July 2, 2012

Border Plan Starts Second Year; Participation Remains Low

A year after U.S. officials agreed to allow Mexican trucks into the country, only four Mexican carriers are participating, far below the number the United States has said would be needed to judge the safety of Mexican trucks.

July 2, 2012