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Teamsters union members voted 2-to-1 to ratify a new five-year National Master Freight Agreement with major less-than-truckload carriers that trucking industry executives said gives unionized companies new flexibility to adapt to changing market conditions.

The Pipeline and Hazardous Materials Safety Administration announced changes to how carriers handle different types of hazardous materials.

U.S. consumer confidence fell this month, reaching a 16-year low, according to the Reuters/University of Michigan monthly consumer sentiment index, released Friday.

Manufacturing growth in New York state contracted in February, the Federal Reserve Bank of New York said Friday.

The price of goods imported to the United States rose 1.7% in January, the Labor Department said Friday.

Trucking companies and warehouses in New Jersey that are bracing for higher tolls may exit the state altogether to avoid what could be 800% increases in toll costs by 2020, the New York Times reported Thursday.

The U.S. trade deficit narrowed in December by 6.9%, the Commerce Department said Thursday.

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