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The Port of Los Angeles wants to check shipping containers on site for dirty bombs or other terrorist threats amid fears that trucking the cargo miles away for inspection could endanger nearby populated neighborhoods and freeways, the Associated Press reported.

The University of Michigan’s final consumer sentiment index for June rose to 84.9 from a 79.1 last month as a decline in gasoline prices left consumers more to spend on other goods.

The National Assocation of Purchasing Management-Chicago's manufacturing index slowed to 56.5 in June from 61.5 last month, the group said Friday.

Surface trade among the United States, Canada and Mexico rose 5.9% in April compared with a year earlier, the Department of Transportation reported Thursday.

Consumer spending rose 0.4% in May, the smallest increase in three months, the Commerce Department reported Friday.

Bankrupt auto pars supplier Delphi Corp. won court approval to offer $135 million in buyouts to encourage more union workers to retire early, as part of an ongoing plan to cut labor expenses, Bloomberg reported.

SCS Transportation said Friday it has completed the sale of its Jevic Transportation truckload and less-than-truckload unit to an affiliate of Sun Capital Partners for $40 million.

General Motors Corp. plans to buy Con-way Inc.’s stake in Vector SCM, a joint venture between the two that manages GM’s vehicle and parts shipments, Bloomberg reported.

Refrigerated carrier Frozen Food Express Industries said late Thursday it earned $1.9 million or 10 cents a share for the first quarter, compared with $3.3 million or 18 cents a year earlier.

Despite a steep drop in stock prices in the past month, trucking and transportation stocks continue to be hot commodities, turning what was once considered a highly volatile sector — with fortunes of motor carriers rising and falling with the state of the economy and fuel prices — into one of the strongest and most consistent performers over the past five years.