The Ontario Trucking Association said that a joint meeting this week of the Ontario and Quebec government cabinets moved them closer to accord on trucking issues such as implementing speed limiter legislation and allowing for longer combination vehicles.

Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.

Manufacturing activity in the Chicago region improved in May but showed contraction showed for a fourth straight month, the National Association of Purchasing Management said Friday.

Existing homes sales fell 1% in April, the National Association of Realtors said Friday.

UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.

Retail fuel prices skyrocketed again last week, with diesel jumping 18.2 cents a gallon to a national average of $4.331, the biggest one-week increase since October 2005 and more than 15 cents more than the last record.

Logistics firm US1 Industries said its first-quarter net income improved to $690,000, or 5 cents a share, from $370,000, or 3 cents, a year ago.