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Less-than-truckload carrier YRC Worldwide said it named Phil Gaines president of its Yellow Transportation unit, and Ken Bowman senior vice president of finance.

Dockworkers at West Coast ports are staging slowdowns by coordinating their break times, as the union representing them continues to negotiate a contract after the previous one expired July 1, the Wall Street Journal reported Monday.

It is disappointing to see that the 21st Century Truck Partnership is foundering, the victim of insufficient funding and questionable research priorities, according to a new report from the National Academy of Sciences.

YRC Worldwide will begin testing hybrid trucks this year as part of a corporate commitment to sustainability and said it will save as much as $40 million annually by streamlining its service network to speed up transit times.

U.S. consumer confidence gained slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

The price of goods imported to the United States jumped 2.6% in June, the Labor Department said Friday.

The Bush administration rejected regulating greenhouse gases, saying it would cripple the U.S. economy, and effectively moved the issue to a future administration, the Associated Press reported Friday.

The U.S. trade deficit narrowed by 1.2% in May, as a cheaper U.S. dollar spurred more exports, the Commerce Department said Friday.