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STB to Probe Rail Competition

The Surface Transportation Board said it will conduct a sweeping analysis of competition in the U.S. railroad industry, after a new government report raised suspicion that some rail freight rates in selected markets might not be justified or reasonable.

September 3, 2007

Diesel Rises 3¢ to $2.893; Gas Jumps 4.7¢ to $2.796

The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.

September 5, 2007

Factory Orders Jump 3.7%, Commerce Says

U.S. factory orders jumped 3.7% in July, the Commerce Department said Friday.

August 31, 2007

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago region saw a modest gain in August, the National Association of Purchasing Management said Friday.

August 31, 2007

Consumer Sentiment Index Drops in August

U.S. consumer confidence fell to a one-year low this month, according to the University of Michigan’s monthly consumer sentiment index released Friday.

August 31, 2007

Personal Spending Rises 0.4%

Consumer personal spending rose 0.4% in July, the Commerce Department said Friday.

August 31, 2007

ATA Files Hours-of-Service Petition

American Trucking Associations submitted a petition Friday asking the Federal Motor Carrier Safety Administration to retain the 11-hour daily driving limit and 34-hour restart provisions of federal hours-of-service rules for truck drivers.

August 31, 2007

NAFTA Trade Gains 5.2%; Truck Trade Dips

Surface trade among the United States, Canada and Mexico was 3.9% higher in June than a year earlier, though truck trade declined, the Department of Transportation said Thursday.

August 30, 2007

Second-Quarter GDP Grows at 4%

The economy expanded at a 4% annual rate in the second quarter, up from a previous report, the Commerce Department said Thursday.

August 30, 2007