Business

New housing starts fell 3.3% in May as builders broke ground on the fewest number of houses in 17 years, the Commerce Department said Tuesday.

IdleAire Technologies Corp., which designs anti-idling systems for long-haul trucks at truck stops, can proceed with a proposed sale without an investigation, a judge ruled, Bloomberg reported Monday.

The national average price of diesel fuel was unchanged Monday from a week ago, holding at $4.692 a gallon, the Department of Energy said.

Automobile hauler Performance Transportation Services said it has gone out of business, due to a strike against the company last week by the Teamsters union.

The head of the Federal Communications Commission chief is recommending approval of the $3.8 billion merger deal between Sirius Satellite Radio and XM Satellite Radio Holdings, the Associated Press reported Monday.

WASHINGTON — Several prototype Class 8 hybrid trucks are currently under development, but the technical and economic obstacles in the way of placing reliable and fuel-efficient heavy hybrid over-the-road trucks in service remain daunting, experts told a House subcommittee.

Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.

Cummins Inc. and Navistar International Corp. said Monday they have extended their engine supply agreement for Class 8 on-highway diesel engines through 2013.

Manufacturing growth in New York state declined in June, the Federal Reserve Bank of New York said Monday.

A portion of Interstate 80 remains closed in both directions in Iowa due to heavy flooding, and may remain closed into the middle of the week, the Des Moines Register reported Monday.