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Business Inventories, Sales Gain

U.S. business inventories rose 0.5% in May as sales rose, the Commerce Department said Friday.

July 13, 2007

New Freight Rail Line to Serve Michigan, Indiana

A new freight rail line, Michigan Central Railway, will start freight rail service in Michigan and Indiana next year, the company said Thursday.

July 12, 2007

Hub Group Drops Interdom Deal

Hub Group Inc. said it has terminated its agreement to acquire intermodal marketing company Interdom Partners.

July 12, 2007

Jobless Claims Fall for Week

Initial jobless claims fell by 12,000 last week to 308,000, the Labor Department said Thursday.

July 12, 2007

Standards Group Fails to Pass ‘Hot Fuel’ Reform

A measure that would have set standards for “hot fuel†fell just short of passage at a meeting of the National Conference on Weights and Measures, the Kansas City Star reported.

July 12, 2007

U.S., China Sign Air Pact

The United States and China have signed an aviation agreement that will significantly increase passenger and cargo flights between the two countries, the Department of Transportation said.

July 12, 2007

UPS Faults Teamsters on Freight Unit Organizing

UPS Inc. said some of the Teamsters’ union’s locals are using a “campaign of deception†in an attempt to organize the company’s freight-hauling unit, Bloomberg reported.

July 11, 2007

Diesel Price to Rise, DOE Says

National average diesel prices are expected to climb for the next three months before receding slightly toward the end of the year, according to projections by the Department of Energy.

July 11, 2007

Utility Opens New Minn. Trailer Facility

Trailer maker Utility Trailer Manufacturing Co. said Wednesday that its dealer, Allstate Sales & Leasing Corp., opened a new facility in Minnesota.

July 11, 2007