Business

The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.

The Institute for Supply Management’s March manufacturing index slowed and costs rose to the highest since August, ISM said Monday.

Air and ocean freight forwarder UTi Worldwide's fourth-quarter net income rose to $23.6 million or 24 cents a share, from $9.7 million or 10 cents a year earlier.

Forty-three employees of a distributor for diesel engine manufacturer Cummins Inc. went on strike Sunday at a plant in South Charleston, W.Va., the Associated Press reported.

The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.

A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs — upon which motor carriers depend to insulate them from fuel price spikes — vulnerable to demands for change by shippers.

U.S. freight volume fell 1.7% in February compared with business levels of a year ago, marking an eighth straight monthly decline.

The U.S. average retail price of diesel fuel dipped by 0.5 cent to $2.676 a gallon last week, its second straight tiny decline, the Department of Energy said.