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Truckload carrier Knight Transportation’s fourth-quarter profit fell 18.6% to $13.1 million, or 16 cents a share, compared with $16.1 million, or 19 cents, a year ago.

New home sales fell 7.6% in December, the Commerce Department said Wednesday.

Michigan lawmakers have proposed a 6-cent increase in the state’s diesel tax to help pay for road improvements, the Associated Press reported.

Consumer confidence rose this month to its highest level since September 2008, the New York-based Conference Board reported.

DALLAS — Trucking industry officials said that while they needed more flexibility to take rest breaks, the current hours-of-service rules were working.

Virginia’s newly-elected governor, Bob McDonnell (R), is calling for expanding the 70-mph top speed limit for both cars and trucks on stretches of several interstate highways in rural regions.

California environmental regulators are considering several options to delay some requirements of the state’s diesel emissions regulation to provide “short-term relief” for truckers feeling the effects of the recession.

States are continuing to crack down on texting and driving, with 23 debating legislation to ban the practice that 19 states already prohibit, USA Today reported Monday.