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UPS to Sell Stake in Chinese Firm

UPS Inc. will sell its stake in Chinese package delivery firm Sinotrans, the company said.

June 28, 2007

May Truck Tonnage Drops 3.6%

American Trucking Associations’ advanced for-hire truck tonnage index for May fell to a six-month low and was down 3.6% from a year ago, ATA said Wednesday.

June 27, 2007

Rendell May Drop Plan for Leasing Penn. Turnpike

Pennsylvania Gov. Ed Rendell (D) signalled he would drop a controversial plan to lease the Pennsylvania Turnpike in a concession to state lawmakers, as the two branches work toward agreement on a new state budget, the Pittsburgh Post-Gazette reported Tuesday.

June 26, 2007

Feds Order Recall of Chinese-Made Tires

Federal officials ordered a recall of tires made in China after their U.S. distribution company disclosed that the Chinese manufacturer had stopped including a safety feature that prevented tire treads from separating, the New York Times reported.

June 27, 2007

July 4 Travel to Reach Record, AAA Says

Despite continued high gasoline prices, a record 41.1 million Americans are expected to travel during the July 4 holiday week, up 0.8% over last year, AAA said.

June 26, 2007

OOIDA, C.R. England Claim Partial Victory in Class-Action Suit

Truckload carrier C.R. England and the Owner-Operator Independent Drivers Association each claimed partial victory after a federal district court ruled on a case involving federal truth-in-leasing regulations.

June 26, 2007

Consumer Confidence Dips in June

U.S. consumer confidence declined this month, the New York-based Conference Board said Tuesday.

June 26, 2007

Senate GOP Kills ‘Card-Check’ Bill

Senate Republicans on Tuesday blocked a bill that would have allowed labor unions to organize workplaces without holding secret-ballot elections, the Associated Press reported.

June 26, 2007

New °®¶¹´«Ã½ Sales Drop 1.6%

New home sales fell 1.6% in May, the Commerce Department said Tuesday.

June 26, 2007