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Government Says It Will Not Tap Oil Reserve • Bush Renominates Greenspan as Fed Chairman • Housing Starts Fall 2.1% in April • California to Investigate Oil Companies as Fuel Prices Soar • And more...

The average retail price of diesel fuel rose 1.8 cents to $1.763 per gallon, the Department of Energy said Monday, and is now only 0.8 cent below its record high.

LAS VEGAS — The National Tank Truck Carriers announced plans for President Cliff Harvison to retire at the end of 2005 after 32 years at the helm, and for current Vice President John Conley to then fill the top post.

Manufacturing in New York state expanded in May for a 13th consecutive month, but at a slightly slower pace than the month before, a Federal Reserve survey released Monday showed.

NEW YORK — Experiments by three truckload carriers revealed that post-October 2002 diesel engines have been reasonably durable and that traditional trade cycles for rolling stock work well, their executives said.

Illinois Votes to Join E-ZPass • Tennessee Says Fog Signs Will Be Completed in June • AirIQ Posts Loss in 1Q • Conference to Focus on Truck Idling

Price of Crude Oil Nears $42 After Iraq Bombing • U.S. Continues to Fill SPR Despite Record Prices • Patent Office Ruling Favors ArvinMeritor • More Independent Truckers Picket in Northern California • And more...

The Federal Reserve said Friday industrial production in the United States rose 0.8% in April, and the proportion of industrial capacity in use rose to 76.9%, the highest since July 2001, from 76.5%.

Truckload carriers that rushed to raise freight rates earlier this year because of new driver work rules generally posted sharply higher profits for the first quarter despite surging fuel prices, tightened industry capacity and a tight labor market.

Inventories at U.S. businesses rose 0.7% in March to a record level, while business sales rose 2.9%, the largest increase ever, the Commerce Department reported Friday.