ºÚÁϳԹÏÍø

Click here to write a Letter to the Editor. he OPEC oil cartel said its members would have to pump more crude oil in the second half of the year than earlier in 2005 to meet increasing demand, Bloomberg reported.

Rail freight traffic fell in the second week of June compared with the same week last year, but intermodal volume rose, the Association of American Railroads said.

About 1,000 people die each month in speed-related vehicle crashes, according to federal data, the Associated Press reported.

Click here to write a Letter to the Editor. rude oil hit a record Friday, closing at $58.47 a barrel, and gasoline and heating-oil futures also rose amid speculation refineries won’t be able to keep up with rising global fuel demand, including diesel, Bloomberg reported.

Truckload carrier Schneider National’s logistics unit said Friday it signed a definitive agreement to acquire American Port Services, a provider of port transloading, warehousing and distribution services.

Yellow Roadway said Friday it would spend $45 million to obtain a 50% stake in a Chinese freight company called JHJ International Transportation.

Brink’s Co. is placing its BAX Global air cargo transportation and logistics unit up for sale, the Wall Street Journal reported Thursday.

Housing starts rose 0.2% in May, the Commerce Department reported Thursday, to the fastest overall annual pace in three months.

The number of U.S. workers filing for initial unemployment benefits gained 1,000 to 333,000 for the week ended June 11, the Labor Department reported Thursday.

Regional less-than-truckload carrier USF Holland said late Wednesday it had named Robert Zimmerman its president, replacing Steve Caddy.