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Vehicle parts manufacturer Eaton Corp. said Monday it lost $52 million on the first quarter as sales slumped.

Forest products company Weyerhaeuser Co. will close its trucking division by the end of June, the Associated Press reported.

The California Air Resources Board said it is now enforcing the identification and reporting requirements for California-based transport refrigeration units on trucks, trailers, shipping containers and rail cars assigned to terminals in the state.

An index of leading economic indicators declined 0.3% in March, the New York-based Conference Board said Monday.

A few more customers may be peeking into the showroom, but buying volume continues to limp along near 25-year lows, according to the latest report on Class 8 truck sales.

Standing beside Mexico President Felipe Calderon, U.S. President Obama said he was hopeful the two countries could agree on a cross-border trucking program that has spurred a growing trade dispute.

Rising costs for container fees, administrative expenses and environmental requirements in the midst of an economic downturn are causing shippers, importers and retailers to consider alternatives to the ports of Los Angeles and Long Beach for shipping their goods, according to trade association officials.

Heavy-duty truck sales rebounded in March from historic lows the previous two months but were still 21.1% below the results in the same month of 2008.

Privatizing toll roads may give cash-strapped states a quick budget fix, but such deals, especially for existing highways, “pose long-term threats to the public interest,” according to a new study by an advocacy group.