Business

The average price of diesel fuel in the United States rose 1.7 cents a gallon to $2.502, the first rise after three consecutive weekly declines, the Department of Energy reported Nov. 9.

Wholesale inventories rose 0.5% in September, the Commerce Department reported Nov. 10.

Container traffic at the Port of Long Beach, California, rose 6.3% last month, with help from increased exports, to post the best October total in eight years.

Oil climbed from a two-week low amid speculation that the buildup of U.S. crude inventories will soon end as refinery demand increases.

Wage growth is poised to accelerate at small U.S. companies this month after a slowdown in October.

Transport Topics has expanded its Top 100 For-Hire Carrier rankings to include individual company pages with previously unpublished data for every company on our list. Check it out, and watch for our randomly selected Top 100 Company of the Day on the bottom of ttnews.com each weekday morning!

Canadian Pacific Railway, the second-largest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, according to people familiar with the matter.

Alabama Gov. Robert Bentley said he believes that the state’s Legislature will pass a fuel-tax increase that he has endorsed to pay for infrastructure improvements.

The world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.