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Citi Enters Fleet Financing Business

Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.

May 18, 2007

Rail, Intermodal Freight Decline

Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said Thursday.

May 17, 2007

Truckers Sue Wal-Mart

A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.

May 17, 2007

April Economic Indicators Decline

An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.

May 17, 2007

Industrial Production Rises in April

Industrial production rose 0.7% in April, the Federal Reserve said Wednesday.

May 16, 2007

CP Workers Begin Strike

About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.

May 17, 2007

Calif. Ramp Fix Ahead of Schedule

The freeway ramp to Interstate 880 that collapsed after an April 29 gasoline-tanker accident last month is expected to be rebuilt by Memorial Day next weekend, ahead of schedule, the San Francisco Chronicle reported.

May 17, 2007

Jobless Claims Fall by 5,000

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

May 17, 2007

Oil Closes Week Near $65 a Barrel

Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.

May 18, 2007