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Crude oil futures reached their highest level in two weeks on the New York Mercantile Exchange, closing near $61 a barrel on Tuesday on expectations that colder weather would drive up demand for heating fuel, Bloomberg reported.

Kitty Hawk announced Tuesday it has signed an additional contract with the United States Postal Service for the delivery of holiday season mail.

Existing home sales rose for the first time in eight months, increasing 0.5% in October, the National Association of Realtors said Tuesday.

U.S. consumer confidence fell to 102.9 in November from a revised 105.1 last month, the New York-based Conference Board said Tuesday.

The national average price of diesel rose 1.4 cents to $2.567 a gallon, the Department of Energy said Monday.

Durable goods orders posted their biggest decline since July 2000, falling 8.7% in October, the Commerce Department reported Tuesday.

Swedish truck maker Scania said it may return up to 17 billion kroner, or about $2.5 billion, to its investors in an effort to persuade shareholders not to turn their stock over to German rival MAN AG, Bloomberg reported Monday.

William Zollars, chief executive officer of less-than-truckload carrier YRC Worldwide, on Saturday in an interview with the New York Times highlighted China as “a primary area of emphasis” for the company, and added that the carrier would likely announce acquisitions there within the next year.

he biodiesel industry’s largest trade group has issued a “winter weather advisory” after 50% of the samples in a national test failed to meet quality standards. br clear="all">

Swift Transportation Co. on Monday rejected an offer from its former chief executive officer, Jerry Moyes, to take the truckload carrier private in a deal that valued the company at $29 a share.