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An index of the U.S. economy’s service sector declined slightly in October but still showed expansion, the Institute for Supply Management said Thursday.

The Federal Reserve Wednesday trimmed its economic outlook, while holding a key interest rate at the record low rate it’s been at since December 2008.

Arizona has formally asked the federal government for permission to toll its 29-mile section of Interstate 15, but the governor of neighboring Utah and the trucking industry are pushing back against the proposal.

The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.

I’m writing in response to the Oct. 3 article about the “new” Volvo drivetrain package: “Volvo Offers New Powertrain Package for VN Trucks.”

The most recent bits of news about business conditions and the economy suggest that, while we can’t be sure we’re out of the woods yet, the most dire predictions of a double-dip recession a couple of months ago apparently were too pessimistic.

Arkansas Best Corp. swung to a third-quarter profit from loss a year ago on improved pricing, the company said Friday.

Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The U.S. economy rose at a 2.5% annual rate in the third quarter, the fastest pace in a year, the Commerce Department said Thursday.

The first Mexican truck crossed the United States border Friday as part of the cross-border trucking pilot program between the countries, the Associated Press reported.