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Leaders of Jack Cooper Holdings Corp., North America’s largest auto hauler, are approaching completion of intense negotiations to reorganize a major portion of the company’s debt.

Anemic shipping volumes and weak pricing for transportation carriers in 2016 combined to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.

UPS Inc. will institute a holiday-shipping surcharge for residential delivery in much of November and December this year to help deal with the torrent of e-commerce shipping at that time of year.

WASHINGTON — Anemic shipping volumes combined with weak pricing for transportation carriers in 2016 to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.

U.S. diesel and gasoline prices each made modest moves during the week ended June 5 but in different directions. Diesel slipped 0.7 cent a gallon and gas rose 0.8 cent, while crude oil dropped toward this year’s low point below $46 a barrel.

Navistar International Corp. lost $80 million, or 86 cents a share, during the fiscal second quarter as the manufacturer set aside $60 million for its reserve fund to deal with used trucks with troubled engines that are largely exported.

Trucking companies continue to struggle with a tight, expensive insurance market — paying more for vehicle liability coverage or making due with less of it — while the underwriters that remain in trucking face narrowing or vanishing profits, suggesting the years-old problem will not be leaving anytime soon.

Navistar International Corp. lost $80 million, or 86 cents a share, on revenue that declined to $2.1 billion during the fiscal quarter ended April 30, as the manufacturer also set aside an extra $60 million for its reserve fund to deal with used trucks with troubled engines that are largely exported.