91��Ƶ

State officials and truckers in California said that wait times at the state’s three major ocean ports fell last week, as a law that penalizes terminal operators if they cause trucks to wait in line more than 30 minutes went into effect.

Price of Crude Gains as Storm Strengthens • Snow: Tax Cuts to Increase Economic Growth • Import Prices Rise 0.8% in June • ArvinMeritor Moves Forward With Hostile Offer for Dana • And more...

Wholesale inventories declined 0.3% in May, the Commerce Department reported Wednesday, reflecting declines in stockpiles of automobiles, machinery and electrical equipment.

WASHINGTON — The president of the Commercial Vehicle Safety Alliance, Peter Hurst, said it would be “a definite challenge” for U.S. and Canadian authorities to implement criminal background checks on hazardous materials drivers in time to meet looming U.S. deadlines. br clear=all>

Two key national associations have called on the Transportation Security Administration to delay implementing a new requirement for criminal background checks before certifying commercial drivers to haul hazardous materials.

WASHINGTON — The Senate Commerce, Science and Transportation Committee has approved two amendments to the multiyear highway funding bill that could place additional restrictions on cross-border trucking and U.S. fleets if they become law.

CHP Begins Crackdown on Truckers • Yellow’s Purchase Could Lead to More Mergers • Survey: Business Spending Increases in 2Q • CF to Auction More Properties

Yellow Corp. on Tuesday said it would buy rival Roadway Corp. for $966 million in a bid to create one of the largest shipping companies in the world.

Vehicle parts maker ArvinMeritor Inc. said Tuesday it had launched a $2.2 billion hostile takeover effort for rival Dana Corp.

Deputy Transportation Secretary Michael Jackson will resign on Aug. 1 and return to the private sector, the Washington Post reported Tuesday..