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Volvo Trucks North America Inc. announced the company and the United Auto Workers reached a tentative agreement on terms of new three-year agreements that would cover approximately 2,800 UAW members at the New River Valley, Va., plant.

TSA Begins Background Checks on Hazmat Drivers • Border Agency Extends Deadline for FAST Card Checks • CDC Cites Hazmat Concerns Near Populated Areas • Researchers Report Ability to Crack Auto Key Codes

Click here to write a Letter to the Editor. et’s hope we’re on the road toward settling the debate over the new federal hours-of-service rules that govern the nation’s truck drivers.

The Federal Motor Carrier Safety Administration must still reach agreement with Mexico for U.S. personnel to conduct safety inspections of Mexican fleets in that country before the agency can allow Mexican trucks to begin operating throughout the United States, said an audit report by the Department of Transportation’s Office of the Inspector General.

The Federal Reserve on Wednesday unanimously raised the benchmark U.S. interest rate a quarter-point to 2.5%, the highest since October 2001, and again said it would carry out additional increases at a "measured" pace.

J.B. Hunt Reports Record 2004 Earnings • TransForce Reports Earnings, Quebec Acquisition • FedEx to Appeal $2.3 Mln. Sexual Harassment Ruling • Cummins Posts Fourth-Quarter and 2004 Profits • Crude Oil Closes at Three-Week Low • And more...

The Institute for Supply Management said Tuesday its factory index for January slowed to 56.4 from 57.3 in December.

The national average price of diesel fuel rose 3.3 cents $1.992 a gallon, the Department of Energy said Monday.

Trucking industry officials said they were digging in to fight tolls being used to increase funding for highway construction. Many also said fuel-tax funds already collected should be spent in better ways and some even said fuel-tax hikes would be preferable to more tolls.