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The Federal Motor Carrier Safety Administration ordered two affiliated Alabama trucking companies to stop operating, declaring the carriers “imminent hazards to public safety.”

Business inventories rose 0.3% in March, the slowest pace in four months, the Commerce Department reported.

U.S. natural gas prices may double from recent 10-year lows by 2015 as more of the fuel is used in transportation, the Financial Times reported May 17, citing an oil company executive.

An index of manufacturing activity in the Philadelphia region in May showed contraction for the first time in eight months, the Federal Reserve Bank of Philadelphia said Thursday.

An index of leading economic indicators fell in April following six straight increases, the New York-based Conference Board said Thursday.

Initial jobless claims were unchanged last week, holding at 370,000, the Labor Department said Thursday.

YRC Freight, the national less-than-truckload unit of YRC Worldwide, said it plans to immediately add 200 over-the-road drivers in 13 locations.

The Federal Motor Carrier Safety Administration has formally withdrawn its regulation that would have mandated electronic onboard recorders for some carriers.

Total cargo volume in Southern California ports of Los Angeles and Long Beach rose 2% in April, indicating stronger international trade volume at the nation’s two largest ports.

Industrial production rose 1.1% in April, led by automobile manufacturing and utility output, the Federal Reserve said Wednesday.