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The Federal Reserve on Tuesday raised the benchmark interest rate a quarter-point to 1.75%, and again said it would carry out further increases at a "measured" pace.

Truck drivers are facing a 130-mile detour following the collapse of an Interstate 10 bridge and other road damage during Hurricane Ivan last week in Pensacola, Fla..

Sales of heavy-duty trucks surged 59.8% in August to their highest level in more than four years, driven largely by replacement orders from fleets that held onto aging trucks during the 2001 recession and after the shift to new-era engines in 2002.

Higher motor-carrier profits, aging fleet technology and the threat of a federal mandate for electronic driver logs is currently driving sales of high-tech devices and software, said executives of technology provider PeopleNet Communications Corp.

Engineering Firm Invests in IdleAire • Canadian Firm AirIQ to Acquire Boatracs LLC • Aether Shareholders Approve Sale

Preliminary Consumer Sentiment Index Falls in September • Illinois Trucking Association Seeks Reduced Tolls for Truckers • World Air-Cargo Market Growing at Fast Pace • Rail Intermodal Loadings Fall Due to Labor Day Holiday, AAR Says

As parts of the Southeast were dealing with heavy rains on Friday from the remnants of Hurricane Ivan, Gulf Coast states including Florida were dealing with severe highway and rail damage, news services reported..

Freightliner LLC, the largest North American maker of heavy-duty trucks, said its revenue increased 25% during the first eight months of 2004, Bloomberg reported.

The Environmental Protection Agency said the trucking industry’s lack of interest prompted the agency to cancel its plan to develop “clean corridors” in which fleets could buy ultra-low-sulfur fuel in 2005 to test 2007 diesel engines under actual operating conditions. br clear=all>