Government

Canadian transportation and logistics firm TransForce Income Fund said it had signed a definitive agreement to buy Century II Holdings, which owns courier company Information Communication Services.

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

Recent legal moves by American Trucking Associations will temporarily keep existing driver hours-of-service rules in place, trucking officials said.

Tire wear and tear is inevitable, but carriers can minimize its effects by choosing high-quality materials and being rigorous about maintenance and checking correct air pressures, several fleet maintenance chiefs and tire manufacturers say.

The Senate last week stripped funding for the Transportation Department’s cross-border trucking program from DOT’s budget just days after the first Mexican truck was allowed to deliver freight to a destination in the United States.

The national average price of diesel fuel hit its highest level in more than a year last week following a 3.1-cent increase to $2.924 a gallon, while crude oil closed at more than $80 a barrel for the first time.

U.S. consumer confidence rose slightly this month, according to the University of Michigan’s latest consumer sentiment index, released Friday.

The price of goods imported to the United States dipped in August on lower oil costs, the Labor Department said Friday.

Business inventories rose 0.5% in July while sales gained 1.1%, the Commerce Department said Friday.