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Proposed changes to the federal hours-of-service rule are unwarranted and would harm small businesses nationwide, a trucking executive told a Congressional panel Tuesday.

Business inventories rose 0.8% in April, the Commerce Department said Tuesday.

The Cass Freight Index, which measures freight bills paid for shipments moved primarily by truck, rose 9.6% in May from the same month a year ago, but the latest report showed a slow-down in the growth pace tied to the economy.

The Maryland Transportation Authority on June 2 proposed significantly increasing tolls over the next two years on seven highways, bridges and tunnels in the state.

Retail sales fell in May for the first time in 11 months, as automobile sales slumped, the Commerce Department said Tuesday.

The producer price index rose 0.2% in May, the Labor Department said Tuesday.

Yokohama Tire announced it will implement a price increase of an average of 8% on all of its light and medium commercial truck tires sold in the United States on July 1.

The first-ever heavy-truck fuel-efficiency proposal has been sent to the White House Office of Management and Budget for review.

Goodyear Commercial Tire Systems introduced a new drive tire that it said reduces rolling resistance by nearly 10% compared with its predecessor, leading to better fuel mileage.