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Bill Would Provide Credit for Safety Technology

A bill introduced last week by Rep. Mike Thompson (D-Calif.) would provide tax credits for fleets purchasing trucks with certain types of safety technology.

October 15, 2007

Consumer Confidence Dips in October

Consumer confidence declined this month, according to a preliminary monthly report by the University of Michigan, released Friday.

October 12, 2007

Business Inventories Edge Up 0.1%

Business inventories rose just 0.1% in August, while sales fell 0.4%, the Commerce Department said Friday.

October 12, 2007

U.S. Xpress Execs Complete Share Purchase

Executives of U.S. Xpress Enterprises said Friday they completed their planned purchase of the truckload carrier, for $20.10 per share.

October 12, 2007

Retail Sales Rise 0.6% in September

Retail sales rose 0.6% in September, the Commerce Department said Friday.

October 12, 2007

Pennsylvania Set to Toll I-80

Pennsylvania officials are set to sign lease by Monday to convert Interstate 80 into a toll road, the Pittsburgh Post-Gazette reported Friday.

October 12, 2007

China Trucking Panel Set for MCE

Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.

October 19, 2007

Jobless Claims Decline for Week

Initial jobless claims fell by 12,000 last week, the Labor Department said Thursday.

October 11, 2007

Chrysler, UAW Settle After Brief Strike

Chrysler LLC and the United Auto Workers union ended a brief strike after agreeing on a contract similar to one signed recently between the UAW and General Motors Corp., Bloomberg reported.

October 11, 2007

Forward Air Says 3Q Income to Decline

Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.

October 11, 2007