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After winning approval late Wednesday in the California state Senate, a new plan that would place mandatory greenhouse-gas emissions caps on major industries is expected to be passed by the state Assembly, the Associated Press reported Thursday.

First-time U.S. jobless claims fell by 2,000 to 316,000 last week, the Labor Department said Thursday.

U.S. Xpress Enterprises has acquired a 49% stake in Abilene Motor Express, a Richmond, Va., truckload carrier, the company said Wednesday in a statement.

Heil Environmental has sold its truck equipment business to Truck Bodies and Equipment International, a portfolio company of Kirtland Capital Partners, the company said Wednesday in a release.

Supplies of ethanol and other plant-derived fuels are too scarce to curb U.S. demand for imported crude oil, BP PLC Vice President Carol Battershell told Bloomberg Tuesday.

Auto parts manufacturer Dana Corp., a maker of light-truck axles, reported a $43-million loss in July, Bloomberg reported Wednesday.

FedEx Corp., Northwest Airlines Corp. and Polar Air Corp. have received approval to add four additional cargo flights to China each week, Bloomberg reported last Friday.

Highway patrol officers in Arizona will conduct on Wednesday special inspections of commercial vehicles on Interstate 10 to check for safety violations, fatigued drivers, seat belt usage and possible homeland security concerns, the Associated Press reported Tuesday.

The Federal Highway Administration is soliciting applications from state and local governments for funding of projects designed to create more long-term truck parking spaces on the National Highway System, FHWA said Monday in its Federal Register notice.

The U.S. economy grew at a revised 2.9% annual rate in the second quarter, more than the initial 2.5% gain reported in July, the Commerce Department said Wednesday.