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To boost lagging enrollments in the Transportation Worker Identification Credential program at Southern California ports, the Port of Los Angeles has opened a new enrollment center close to the adjacent Port of Long Beach.

IdleAire Technologies Corp., which provides stationary power for trucks to use at truck stops in lieu of idling, has reached agreement to be sold for $26 million, the Knoxville (Tenn.) News Sentinel reported.

General Motors Corp. plans to cut truck production, lay off salaried workers, suspend its dividend and borrow $2 billion to $3 billion as it struggles to stay afloat, the Associated Press reported Tuesday.

Prices paid to U.S. producers jumped 1.8% in June, led by surging fuel costs, the Labor Department said Tuesday.

Retail sales improved 0.1% in June, the Commerce Department said Tuesday.

Vehicle parts manufacturer Eaton Corp. said Tuesday its second-quarter net earnings jumped 35% led by more acquisitions, but the company trimmed its earnings forecast for the year.

Oil futures saw their biggest single-day drop in 17 years Tuesday, falling more than $6 to close the trading day at $138.74 a barrel, the Associated Press reported.

Despite fuel prices zooming toward the outer edge of our galaxy, ours is a nation of crowded highways and busy people who don’t like trucks getting in their way.

President Bush Monday lifted an executive order banning offshore oil drilling, but the move still needs congressional action to take effect.