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U.S. retail sales of heavy-duty trucks jumped 42.8% in February from a year earlier to 17,184, the highest total for that month since 2000.

Specialty truck maker Oshkosh Truck Corp. said the U.S. Navy awarded it a contract to begin production of a new military tractor-trailer.

The number of U.S. workers filing for unemployment benefits for the first time rose by 3,000 in the week ended March 19, according to a Labor Department report. The increase pushed initial jobless claims to 324,000, Labor said.

The number of new home sales rose 9.4% in February to an annual rate of 1.226 million, the Commerce Department said Thursday.

The prices of oil and gasoline both rose in the aftermath of an explosion at a BP refinery in Texas City, Texas, Bloomberg News reported.

U.S. orders for durable goods rose by 0.3% in February, reversing a decline of 1.1% in the previous month, the Commerce Department reported Thursday.

The District of Columbia announced plans to install electronic truck-weight sensors on Interstate 295 as part of an effort to catch overweight trucks coming into the city, the Washington Times reported Thursday.

Heavy-duty component supplier Dana Corp. said Wednesday it was cutting its profit forecast for the first quarter because of rising steel prices and falling auto production.

By Dave Melton and Peter Van Dyne