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Group May Pull Out of N.Y. Port Deal

The Ontario Teachers Pension Plan may abandon a proposed takeover of a big New York port terminal because of a fee dispute with the port authority, the Toronto Globe and Mail newspaper reported Monday.

April 16, 2007

Retail Sales Rise 0.7%

Retail sales rose 0.7% in March, the biggest jump in three months, the Commerce Department said Monday.

April 16, 2007

Diesel Gains 5¢ to $2.84 a Gallon

The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.

April 16, 2007

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April 16, 2007

Diesel Rises 3.7¢ to $2.877

The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.

April 17, 2007

February Trade Gap Narrows

The U.S. trade deficit narrowed 0.7% in February to a $58.4 billion, the Commerce Department reported Friday.

April 13, 2007

March Producer Prices Rise 1%

The producer price index rose 1% in March, the Labor Department reported Friday. The core PPI excluding food and energy was unchanged.

April 13, 2007

Corrosion Takes Increasing Toll on Fleets, Trailers

What cigarettes are to smokers, corrosion is to highway trailers.

April 16, 2007

IRS Says Fleets Face Sanctions

IRS officials told trucking executives that motor carriers must account properly for driver per-diem expenses or risk losing the tax-exempt status of the plans.

April 16, 2007