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The Department of Transportation last week said it will withdraw its controversial driver hours-of-service rule and write new regulations as part of a deal in which a coalition of advocacy groups agreed to suspend its federal lawsuit challenging the rule.

U.S. consumer confidence declined this month, according to the final Reuters/University of Michigan monthly consumer sentiment index released Friday.

Manufacturing activity in the Chicago region showed expansion in October, the Institute for Supply Chain Management-Chicago said Friday.

Consumer personal spending dropped in September for the first time in five months, the Commerce Department said Friday.

Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.

New home sales fell 3.6% in September, the Commerce Department said Wednesday.

The U.S. economy expanded at a 3.5% annual rate in the third quarter, marking the first increase in a year, the Commerce Department said Thursday.

I agree — the economy is bad. Now let’s go out there and make some profit. As excess capacity continues to plague the less-than-truckload segment of the trucking industry with reduced revenues and profits, transportation executives are increasingly frustrated.

Durable goods orders rose in September for the fourth time in six months, the Commerce Department said Wednesday.