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Oil companies, boosted by high crude and retail fuel prices, continued to turn record profits in the second quarter.

First-time U.S. jobless claims rose 14,000 to 301,000 last week, the Labor Department said Thursday.

UPS Inc. said Wednesday it opened its first retail centers in Shanghai, China, the first retail endeavor launched by the company in that country.

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter net income more than tripled to $14.5 million or 38 cents a share, from $4.6 million or 12 cents a year ago.

Truckers Warned on N.J. Left-Lane Enforcement • FAST Rules Start Aug. 10 for Canadian, Mexican Drivers • Port of Virginia Sets Container-Security System • DHS Launches Electronic Manifest Test • And more...

Deutsche Post AG, parent of DHL Americas, said Tuesday its second-quarter profit fell as the company spent more on acquisitions and to win back U.S. express business, Bloomberg reported.

California Gov. Arnold Schwarzenegger (R) and Great Britain reached an agreement to explore ways to curb greenhouse gas emissions and promote clean-burning fuels, the Associated Press reported Tuesday.

The average length of haul dropped at many of the nation’s largest publicly traded carriers during the second quarter, because of a shortage of operators and revised federal hours-of-service regulations, the companies said.

It seems like every day or so another state, county or city passes a law prohibiting trucks from idling longer than a few minutes.

Crude oil prices closed near $76 a barrel Wednesday on concerns that Tropical Storm Chris may become this year’s first Atlantic hurricane by Thursday and reach Gulf of Mexico oil platforms later this week, Bloomberg reported.