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Federal Express Corp. of Memphis, Tenn., has entered a multiyear sponsorship agreement with the National Hockey League, the National Hockey Players’ Assocation and USA Hockey.

TT File PhotoThe price of diesel rose sharply this week in the wholesale and retail markets, and analysts expect them to continue rising from some of the lowest levels since 1994. The $1 for a gallon of self-service diesel is a 15-week high, according to the Energy Information Administration.

The Justice Department said it believes James P. Hoffa should be installed as president of the Teamsters union, despite an opponent’s court challenge of his election victory.

After seven diesel fuel tax increases in six years, Britain’s small trucking companies and owner-operators “are just giving up,” said Peter Knight, owner of Les Knight Transport.

The parent company of Federal Express Corp. posted better-than-expected profits despite spending $90 million to prepare for a strike that was averted. FDX also announced a 2-for-1 stock split.

CSX Corp. said it will break up Sea-Land Service, its container shipping subsidiary, into three separate businesses beginning in June.

Less than a week after DaimlerChrysler broke off talks with Nissan Motor Co., French car and truck builder Renault is negotiating with the Japanese manufacturer.

Freight Transport Assn. PhotoTruck drivers may soon face a hard blow to their wallets under a British proposal to stem the tide of illegal immigrants flooding the island nation, mostly from Eastern Europe.

The Truckload Carriers Association approved a new strategic plan Wednesday that refocuses the 61-year-trade group on education and training.

Investigators are analyzing tire tracks in the mud to determine whether the truck driver at the center of the deadly Amtrak crash had tried to go around the crossing gates and beat the train.