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The Federal Reserve on Tuesday unanimously raised the benchmark U.S. interest rate a quarter-point to 2.25%, the highest since November 2001, and again said it would carry out additional increases at a "measured" pace.

Click here to write a Letter to the Editor. truly understand the frustration of drivers and transportation companies concerning the double standards for automobiles and commercial vehicles. My husband and I were once owner-operators and I have seen the hazardous mistakes that automobile drivers commit.

Roper Industries Inc. said it completed the acquisition of TransCore Holdings Inc. In October, Roper said would buy TransCore from an investor group led by KRG Capital Partners LLC for about $600 million.

Click here to write a Letter to the Editor.We’re pleased that President Bush last week asked Norman Mineta to remain as secretary of transportation, as the president prepared for his second term in office. And we’re delighted that Mineta has accepted.

President Bush on Monday selected Environmental Protection Agency chief Michael Leavitt to be secretary of the Department of Health and Human Services..

Sales at retailers rose 0.1% to $344.4 billion in November, the Commerce Department reported Monday.

Many states that use ASTM International guidelines have decided to delay implementation of a ruling that would require, effective Jan. 1, a minimum amount of lubricating qualities in diesel fuel, industry officials said.

Report Warns of ULSD Supply Disruptions • Automakers Sue Over California Emission Rules • Iteris Lists Common Stock on American Stock Exchange • Experts Urge U.S. to Increase Computer Security

UPS Gets EU Approval to Buy Menlo Worldwide • Business Inventories, Sales Rise in October • Vermont Fines Trucking Company for Spill • Hastert to Seek Funds for Projects Left Out of Spending Bill • And more...

President Bush on Friday named Samuel Bodman as the new Secretary of Energy. Bodman was deputy secretary of the Treasury Department.