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WASHINGTON — Trucking is burdened with “regulatory overload,” an American Trucking Associations official told a panel of Department of Transportation officials.

Schneider National Inc., Ruan Transport Corp., Falcon Transport Co., and Werner Enterprises know from experience that military veterans make valuable employees. These firms actively recruit them to fill not only driver jobs but management posts as well.

The House Transportation and Infrastructure Committee voted last week to not support the Obama administration’s transportation budget proposals because administration officials have not identified revenue sources to fund multibillion dollar increases for existing and new programs.

SAN DIEGO — An industry consensus appears to be emerging in support of electronic logging devices to monitor driver hours but not truck performance, as the Truckload Carriers Association endorsed that technology last week and American Trucking Associations moved in the same direction.

U.S. Class 8 retail truck sales jumped 30.8% in February for the 14th monthly gain in a row, WardsAuto.com reported last week. It was the largest gain of the expansion.

Surface transportation trade among the United States, Canada and Mexico rose 24.3% last year from 2009, the Department of Transportation said Thursday.

Industrial production declined 0.1% in February, led by a downturn in utility output, the Federal Reserve said Thursday.

Initial jobless claims dropped by 16,000 last week, the third decrease in four weeks, the Labor Department reported Thursday.

The consumer price index increased 0.5% in Febuary, the Labor Department said Thursday.

FedEx Corp. said Thursday its fiscal third-quarter net income slipped 3% to $231 million, or 73 cents a share, from $239 million, or 76 cents, a year earlier.