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Despite a tentative agreement earlier in the week aimed at ending a dispute between independent truckers in California and the Port of Oakland, about 300 truckers are refusing to haul goods at the nation's fourth busiest port.

The Institute for Supply Management said Wednesday its non-manufacturing index rose to a record 68.4 in April from 65.8 in March..

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A typical Class 8 truck generates about 10 gallons of used oil at every oil change. Assuming 100,000 miles driven a year and oil changes every 25,000 miles, it does not take long for most fleets to build up a lot of spent lubricant.

Private truck fleets are undergoing a renaissance in corporate transportation. After a decade of mergers, consolidations and outsourcing — now with the growing challenges of heightened security demands, higher hours-of-service costs and shrinking capacity — American business is in the process of rediscovering the private fleet as a supply chain advantage.

The Union Pacific Railroad may turn out to be one of trucking’s best friends. A few weeks ago, as its gigantic rail system again clogged up with traffic because freight volumes have risen as the economy has improved, UP decided to switch some of its business off of trains and onto trucks in order to meet customer time guarantees.

The Federal Reserve said Tuesday it was keeping interest rates flat at a 46-year-low of 1%, but said economic conditions were such that it could begin raising rates in the near future.

New orders for manufactured goods rose by $14.9 billion, or 4.3%, in March, the Commerce Department said Tuesday.

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