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Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.

The Surface Transportation Board has revoked the authority of motor carriers to engage in collective ratemaking and freight classification.

NEW YORK — The top executive at Arkansas Best Corp. said he expects to offer his fleet’s unionized employees a less-costly pension benefit plan and withdraw from the current Teamsters multi-employer funds.

NEW YORK — The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the “pre-buy” were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.

President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.

Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.

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Interpool Inc., a maker of shipping containers and chassis for intermodal container transportation, reported its first-quarter net income declined from a year ago.