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Construction spending rose 0.8% in February to a record high level, the Commerce Department reported Monday.

Indiana this weekend began observing Daylight Saving Time for the first time in more than 30 years, news services reported.

General Motors Corp. said Monday that it has sold a majority of its General Motors Acceptance Corp. unit to a group led by Cerberus Capital Management LP for $7.4 billion.

Fleet executives say fuel cards have evolved into a data-gathering tool that allows them to alert drivers to the best fuel prices across the country, track and plan vehicle maintenance and repairs and monitor driver spending by comparing fuel expenses with operating data.

Radio frequency identification tags are likely to become commonplace on trucks and could replace the traditional fuel card in the coming years, as carriers seek faster ways to complete their transactions at truck stops, according to industry and fuel card executives.

TransCore Says System Compatible with McLeod’s • Utility Trailer Makes LED Lights Standard • Caterpillar to Produce Electric-Drive Mining Trucks • Eaton Creates Vehicle Business Unit with AtRoad • And more...

Crude oil prices rose 11 cents Monday after topping $67 a barrel in intraday trading, news services reported.

Several U.S. Senators have held up consideration of Richard Capka, President Bush's nominee to head the Federal Highway Administration, the Associated Press reported.

U.S. factory orders rose 0.2% in February following a decline the previous month, the Commerce Department reported Friday.

The growth rate of Chicago-area manufacturing activity increased in March, the National Association of Purchasing Management-Chicago said Friday.