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U.S. Xpress Enterprises said Wednesday today that its board “is expressing no opinion and is remaining neutral” about an acquisition offer to take the truckload carrier private for $20.10 a share.

Durable goods orders in August saw their biggest drop in seven months, the Commerce Department said Wednesday.

The United Auto Workers and General Motors Corp. reached a tentative contract early Wednesday to end the union’s two-day national strike, the Associated Press reported.

William Gray Jr., a Cumberland, Md.-based road driver for less-than-truckload UPS Freight, has been named the American Trucking Associations 2007 Truck Driver of the Year, ATA said.

The Federal Motor Carrier Safety Administration is doing a good job of targeting carriers that pose the highest risk of accidents, but fails to follow a 1999 law requiring that maximum fines be given to the most serious safety violators, a new government report said.

Iteris Inc., which makes safety systems for trucks, said Wednesday that flatbed carrier Melton Truck Lines will make Iteris’ lane departure warning systems standard equipment on about 1,000 new trucks over the next three years.

Existing homes sales fell in August to a five-year low, the National Association of Realtors said Tuesday.

U.S. consumer confidence declined in September, the New York-based Conference Board said Tuesday.