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Third-party logistics provider Hub Group Inc. said Tuesday that it would rename its Hub Logistics unit to more clearly delineate its logistics products and services from other divisions within Hub Group, including intermodal and highway services..

The Labor Department said Tuesday its producer price index rose 0.4% in February, while the prices excluding food and energy only rose 0.1%..

International Monetary Fund Managing Director Rodrigo de Rato said that although oil prices may not remain above $56 a barrel, they would likely remain high for another two years due to rising demand and supply constraints, news services reported.

SAN FRANCISCO — The U.S. petroleum industry may be unable to deliver to all parts of the nation diesel fuel with low enough sulfur content to meet new federal pollution rules, industry executives told a fuels conference here.

Rate bureau SMC3 on March 17 approved a 4.73% increase in general tariff rates for its 124 less-than-truckload carrier members to take effect May 2.

William Graves, the former head of Graves Truck Line Inc. and father of American Trucking Associations President Bill Graves died Friday at the age of 90, the Associated Press reported.

The Department of Energy said Monday the national average retail price of diesel fuel rose 5 cents to $2.244 a gallon, breaking the previous record of $2.212 set on Oct. 25.

Sensors Check Emissions at Arizona Border Crossing • Union Pacific Begins Using Hybrid Locomotive • President Names New FCC Chairman • DaimlerChrysler Plans to Sell Hydrogen Fuel-Cell Cars by 2012

The Federal Reserve’s Open Market Committee was expected to raise interest rates by another quarter-percentage point to 2.75% when it meets on Tuesday, Reuters reported.

Angelo Torres, the former head of a Chicago’s Hired Truck Program, pleaded guilty Friday to accepting cash in exchange for letting private companies into the $37-million-a-year project, the Associated Press reported.