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The Federal Reserve Wednesday trimmed its economic outlook, while holding a key interest rate at the record low rate it’s been at since December 2008.

The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.

Arizona has formally asked the federal government for permission to toll its 29-mile section of Interstate 15, but the governor of neighboring Utah and the trucking industry are pushing back against the proposal.

Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Arkansas Best Corp. swung to a third-quarter profit from loss a year ago on improved pricing, the company said Friday.

I’m writing in response to the Oct. 3 article about the “new” Volvo drivetrain package: “Volvo Offers New Powertrain Package for VN Trucks.”

The most recent bits of news about business conditions and the economy suggest that, while we can’t be sure we’re out of the woods yet, the most dire predictions of a double-dip recession a couple of months ago apparently were too pessimistic.

The U.S. economy rose at a 2.5% annual rate in the third quarter, the fastest pace in a year, the Commerce Department said Thursday.

Consumer confidence dropped in October to its lowest level since March 2009, the New York-based Conference Board said Tuesday.

The first Mexican truck crossed the United States border Friday as part of the cross-border trucking pilot program between the countries, the Associated Press reported.