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Oil Rises for Third Day, Topping $85 a Barrel

Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.

June 6, 2012

Economy Growing at Moderate Pace, Fed Says

The U.S. economy grew at a moderate pace in April and May as manufacturing improved, and trucking and transportation activity were generally higher, the Federal Reserve said Wednesday.

June 6, 2012

ISM Services Index Improves

An index of the U.S. economy鈥檚 service sector improved in May, the Institute for Supply Management said Tuesday.

June 5, 2012

FedEx Retiring 24 Jets to Cut Costs

FedEx Corp. said it has retired 24 jets to reduce capacity in its U.S. Express division, and will take an $84 million, or 26 cents鈥損er-share, charge in its fiscal fourth quarter that ended May 31.

June 5, 2012

Trucks Hauling Water, Sand in Oilfield Operations Subject to HOS Rules, DOT Says

Truck drivers hauling water and sand to U.S. oil and natural gas shale wells cannot extend their daily driving hours by using an exemption targeted for special oilfield service equipment, Bloomberg reported Tuesday, citing the Department of Transportation.

June 5, 2012

Roadrunner Buys Refrigerated Carrier CTW Transport

Roadrunner Transportation Systems said it has acquired Massachusetts-based refrigerated truckload carrier CTW Transport for about $7.5 million.

June 5, 2012

N.Y. Thruway Considers Boosting Truck Tolls by 45%

The New York State Thruway Authority may raise truck tolls 45% to help refinance its debt and pay for a $1.5 billion highway improvement program.

June 6, 2012

Roadcheck Inspections Kick Off at Maryland Event; Run Through Thursday

LANDOVER, Md. 鈥 The Commercial Vehicle Safety Alliance kicked off its 72-hour 2012 鈥淩oadcheck鈥 safety event Tuesday at FedEx Field here, with Maryland State Police inspectors pulling hundreds of trucks of all shapes and sizes off nearby Interstate 495 for comprehensive inspections.

June 6, 2012

NTSB Wants 10-Year Driving Records for New Truck, Bus Drivers

The National Transportation Safety Board wants trucking companies to gather 10 years of driving records for newly hired聽drivers 鈥 an increase from the current three years that the board said does not allow carriers to make informed hiring decisions.

June 6, 2012

Automobile Sales Rise 18% in May

U.S. automobile and light truck sales rose 18% in May to 1.4 million vehicles, news services reported.

June 4, 2012