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The U.S. trade deficit rose to $57 billion in April, the Commerce Department reported Friday.

The Senate Banking Committee approved Federal Reserve Governor Ben Bernanke to head the White House Council of Economic Advisers, Bloomberg reported Thursday.

Crude oil prices fell for the first week in three weeks, as higher U.S. inventories reduced concerns that refineries won’t meet peak demand later this year, Bloomberg reported.

Click here to write a Letter to the Editor. he Illinois Department of Transportation's announcement that it would begin full closures on some busy interstates south of Chicago beginning June 18 could significantly affect the operations of trucking companies in the area, a trucking industry official said.

Rail freight traffic rose in the first week in June, the second week of year-over-year growth following two weeks of declines, the Association of American Railroads reported Thursday.

Navistar International Corp. Thursday reported earnings for its second quarter ended April 30 surpassed its previous guidance, and the company boosted its earnings outlook for the fiscal year 2005.

Click here to write a Letter to the Editor. ederal safety officials said a new study shows that driving while talking on a cell phone is a key cause of traffic accidents, and that even using hands-free devices adds little extra safety benefits, the Detroit News reported.

The number of U.S. workers filing for initial unemployment benefits fell 21,000 to 330,000 for the week ended June 4, the Labor Department reported Thursday.

The first tropical storm of the 2005 hurricane season formed in the northwest Caribbean, moving closer toward Cuba and on a track to hit the U.S. Gulf Coast, the Associated Press reported Thursday.

Shares of a handful of major truckload firms fell Wednesday after a trucking industry analyst from Bear Stearns & Co. lowered ratings on several trucking stocks, citing a slowing business environment, falling demand and higher costs.