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Commercial components supplier ArvinMeritor Inc. plans to cut 1,850 jobs at 11 plants, or about 6% of its global work force, the Associated Press reported Wednesday.

Crude oil prices rebounded after falling below $49 a barrel in intraday trading Wednesday following a Department of Energy report showing the strongest inventory levels in almost five years.

Senate Confirms Rail-Safety Chief • TSA Administrator Defends Airport Screeners • Secrecy Concerns Could Stall Patriot Act Renewal • Wisconsin to Investigate Gasoline-Pump Metrics • And more...

A federal appeals court ruled Tuesday against the District of Columbia’s law banning rail transportation of hazardous materials in the nation’s capital.

Click here to write a Letter to the Editor. ASHINGTON — The U.S. Supreme Court heard arguments last week over the legality of the fees Michigan charges truckers who deliver goods within the state’s borders.

The Institute for Supply Management said Wednesday its services index fell to 61.7 in April, from 63.1 in March.

A private equity firm said it purchased two Wisconsin less-than-truckload carriers and that the combined company that will generate $365 million in annual revenue.

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Like many companies facing steep increases in insurance premiums following the 9/11 terrorist attacks, executives at Covenant Transport decided to raise the company’s deductibles and retain more of the risk for claims resulting from on-the-job injuries and motor vehicle crashes.

The Federal Reserve Tuesday unanimously raised the benchmark U.S. interest rate a quarter-point to 3%, the highest since October 2001, and again said it would carry out additional increases at a "measured" pace.

The average price of retail diesel fuel fell 2.7 cents to $2.262 a gallon, the Energy Department said Monday following its weekly survey of filling stations.