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Ryder System said it will acquire The Scully Companies, a California-based provider of contract carriage and related services.

The trucking industry these days can be likened to the proverbial watchful child lurking at the top of the staircase, glancing to see if Santa already has deposited the presents under the tree.

The Department of Transportation Friday proposed banning interstate truck and bus drivers from using hand-held cell phones while operating a commercial motor vehicle, and sets stiff fines for violators.

Manufacturing activity in the Philadelphia region rose this month at the fastest level in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.

Initial jobless claims fell by 3,000 last week to the lowest level in three weeks, the Labor Department said Thursday.

Housing starts grew 3.9% in November, the first increase in three months, the Commerce Department said Thursday.

FedEx Corp. said Thursday its second-quarter earnings slipped to $283 million, or 89 cents per share, from $345 million, or $1.10, a year ago, on charges related to the impending restructuring of its less-than-truckload operations.

With winter moving into the southern states, Georgia and South Carolina have suspended the hours-of-service requirements for truckers hauling fuel.