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Members of the Organization of Petroleum Exporting Countries have agreed to cut 1 million barrels a day, or 4% from their targeted oil output, news services reported Saturday.

Flatbed and dry van truckload carrier Smithway Motor Express said it is buying assets of flatbed carrier Skipper Transportation for less than $3 million.

Port's Players Explore New Economy; Ericsson Unveils Mobile Internet Service Billing; Verizon Wireless Finishes Successful Year

The Latest Headlines: Bush Quietly Seeks Larger Tax Cut; House to Vote on More Tax Cuts Early April; Truck Stop Merger Planned; and more...

The Organization of Petroleum Exporting Countries is nearing an accord to cut crude oil output by 700,000 to 1 million barrels per day, wire services reported Thursday.

WASHINGTON — Increasing truck traffic on highways around ports may be a growing public concern, but without a clear signal from the Bush administration, Congress is unlikely to do anything other than talk about it.

House Speaker Dennis Hastert (R-Ill.) said Thursday that the repeal of the estate tax -- or so-called death tax -- will easily pass the House of Representatives, Reuters reported.

Compaq to Fire 5,000; Fleetwood Enterprises to Close More Stores; ProLogis Building Mack Parts Center Near Baltimore; Hayes Lemmerz Reports 4Q Loss; and more...

Many trucking companies that usually see their freight business pick up in March, after a seasonally slow start to the year, are seeing disappointing results so far in 2001 as the economy continues to cool.