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Consumer Sentiment Dips in June

U.S. consumer confidence fell in June to a 10-month low the previous month, according to the University of Michigan’s monthly consumer sentiment index released Friday.

June 29, 2007

Personal Spending Rises 0.5%

Consumer personal spending rose 0.5% in May, the Commerce Department said Friday.

June 29, 2007

Estes Revamps, Renames Air Forwarding Unit

Estes Express Lines said Friday that its Estes Air division will be reorganized as Estes Air Forwarding LLC, effective Sunday, July 1.

June 29, 2007

Nafta Surface Trade Jumps 5.3%

Surface trade among the United States, Canada and Mexico was 5.3% higher in April than a year earlier, the biggest year-to-year increase since August 2006, the Department of Transportation said.

June 29, 2007

DOT Inspector General Urges More SafeStat Improvements

WASHINGTON — The Federal Motor Carrier Safety Administration’s safety rating system has been improved but is still not ready to return to public view, said the Department of Transportation’s inspector general.

July 2, 2007

Varied Oil Charges Make Forecasts Difficult, Analysts Say

James Burr likens the job of forecasting diesel fuel prices to that of a television weatherman.

July 2, 2007

Sluggish ’07 Sales Push Prices Down

Despite discounts and incentives on new trucks that have narrowed the price gap between them and previous versions, dealers say that few of the models with 2007 engines are selling.

July 2, 2007

FMCSA Extends Mexican Trucks Comment Period

The Federal Motor Carrier Safety Administration said Friday it is extending the public comment period for its June 8 Federal Register notice concerning the cross-border trucking demonstration program through Monday, July 9.

June 29, 2007

DHL Buys Stake in Polar Air

Package delivery firm DHL said Thursday it acquired a 49% stake Polar Air Cargo Express, a unit of Atlas Air Worldwide Holdings, to expand its business in the Asia-Pacific region.

June 28, 2007