Business

WASHINGTON — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years.

The U.S. average retail price of diesel rose 1 cent to $3.079 a gallon, the Department of Energy reported Jan. 6.

The U.S. Department of Transportation recently unveiled an interactive map depicting federal investment in major infrastructure projects in underserved rural and urban communities.

The Minnesota Department of Transportation has awarded $18 million to support five highway projects that are meant to spur economic development and smooth the flow of traffic.

MARSHALL, Va. — Federal environmental regulators on Jan. 6 announced a call for public input to assist with the development of new guidance for emissions standards targeting commercial vehicles.

Ford Motor Co.’s fourth-quarter U.S. sales fell more than expected as a decline in deliveries of its redesigned Explorer dragged down sport-utility vehicle results.

Canadian Pacific closed its acquisition of the Central Maine & Quebec Railway, the Alberta-based rail company said in a Dec. 30 news release.

Borden Dairy Co. filed for bankruptcy, becoming the second major U.S. milk seller to do so in two months as competitive pressures, declining consumption and falling profits made its debt load unsustainable.

Ram pickups surpassed the Chevrolet Silverado in U.S. sales in 2019 for the first time.

North American Class 8 orders rallied in December to reach about 20,000, FTR reported, citing preliminary data.