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U.S. business inventories were unchanged in December, and business sales rose 1.4%, the biggest gain since May, the Commerce Department said Wednesday.

In May 2000, the Federal Motor Carrier Safety Administration issued a number of proposed changes to the existing hours-of-service rules — rules which, until this point, had remained virtually unchanged for 60 years.

The U.S. Transportation Department’s transportation services index fell 0.4% in 2006, its first annual decline since 2001, DOT said Wednesday.

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Logistics firm Expeditors International of Washington on Tuesday said its fourth-quarter profits fell to $62.6 million or 28 cents a share, down from $74.3 million or 34 cents a year ago.

Wisconsin Gov. Jim Doyle (D) has proposed a new tax on oil companies to help raise needed funds for the state’s transportation projects, the Associated Press reported Tuesday.

The U.S. trade deficit widened to a record for a fifth straight year in 2006 as purchases of Chinese goods and imported oil overwhelmed an increase in exports, the Commerce Department said Tuesday.

California state lawmakers are planning toll-road projects that could be a future trend in the state, and some of the first projects will be targeted to roads that move goods from the state’s ports, the Los Angeles Times reported Tuesday.

The average national price of retail diesel fuel jumped 4.1 cents to $2.476 a gallon, the Department of Energy said Monday.

Forward Air Corp., a contractor to the air cargo industry, reported its fourth-quarter net income matched the previous year’s, at $12.2 million, while earnings per share climbed to 40 cents a share from 38 cents.