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Click here to write a Letter to the Editor. he University of Michigan's preliminary consumer sentiment index for May dropped to 85.3, from 87.7 in April, to its lowest level in two years.

Click here to write a Letter to the Editor. rices of imported goods rose 0.8% in April, following a 1.8% jump in March, the Labor Department reported Friday.

Business inventories rose 0.4% in March, the Commerce Department reported Friday.

Segmentz Inc. said late Thursday it took a first quarter loss and that it would focus exclusively on expedited freight, divesting all its other operations.

Canadian factory shipments fell unexpectedly in March, while inventories reached their highest level in more than three years on slower automobile sales, Bloomberg reported Friday.

Click here to write a Letter to the Editor. he U.S. Circuit Court of Appeals for the District of Columbia did a good thing for all freight haulers last week, preventing the local Washington, D.C., government from banning the shipment of certain hazardous materials within 2.2 miles of the U.S. Capitol building.

Click here to write a Letter to the Editor. rude oil rose slightly to close at $48.67 a barrel, almost $10 a barrel below its record high set April 4, news services reported Friday.

The Independent Pilots Association said Thursday that more than 99% of its members voted to authorize a strike against UPS Inc.

FedEx Corp. Thursday reaffirmed its previous guidance of $1.40 to $1.50 per diluted share for its fourth fiscal-year quarter ending May 31.