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The Chicago region needs to spend $4.5 billion over the next 25 years to avoid a gridlock of freight traffic, which is expected to double in the next two decades, said a nonprofit organization comprising transportation and land-use planners, ex-government and corporate officials.

Crude oil closed at a 6-week high Friday, closing at $48.30 a barrel on the New York Mercantile Exchange on concerns over cold weather predicted to sweep into the U.S. from Canada this weekend, Bloomberg News reported.

I learned some personal and professional lessons from a recent family snowboarding vacation that involved long trips in a heavily laden minivan, a luxurious but suddenly crowded condo, five awesome days of riding the best powder that God and man could provide, and a good, but challenging, read on how to become a better salesperson.

CN Railway Reaches Accord with Steelworkers Union • UP Resumes Limited Service in Southern California • Business Inventories Rise in November • Ohio Turnpike Workers Threaten Strike • And more...

The Commerce Department said Thursday that sales at retailers in December rose 1.2%, the most in three months. For the year, sales totaled a record $4.06 trillion, up 8% from a year earlier.

Despite efforts by many public truckload carriers to avoid expanding in 2005, overall trucking capacity was poised to grow modestly this year, fleet suppliers, analysts and trucking executives said.

Click here to write a Letter to the Editor. enjoyed the opinion column “Growth in Intermodal Unites One-Time Rivals,” regarding the growth in intermodal freight and its impact on traditional modal rivals.

Allied Holdings' Stock Resumes Trading • Consolidated Freightways Settles Discrimination Lawsuit • Trailer Maker to Expand Output in 2005 • Shipping Cos. Consider Alternative Ports to Avoid Delays

Shell Sells Calif. Refinery to Flying J • Trade Gap Widens to Record $60.3 Billion in November • Arkansas Gov. Seeks $1 Billion to Improve Highways • Exel Buys Power Packaging

UPS Inc. on Tuesday lowered its fourth-quarter earnings prediction due to a slowing of domestic package volume between Christmas and New Year’s Day and higher-than-anticipated operating costs.