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Most of the 300 Sterling Trucks dealers in the United States and Canada accepted settlement offers from Daimler Trucks North America after DTNA announced it would shut the brand down, the Sterling board member of the American Truck Dealers said April 9.

Common wisdom has long maintained that truck dealers make more money from parts and service than from new vehicle sales. But the economic reality today is challenging even that old maxim.

YRC Worldwide Inc. said it is negotiating with the Teamsters union and its pension fund representatives to postpone cash payments into the plan and replace them with real estate collateral as part of the company’s ongoing effort to conserve cash.

Competition among construction firms is sharply reducing the cost of infrastructure projects, allowing states to build and repair more roads and bridges than originally anticipated under the federal stimulus legislation, President Obama said last week.

A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.

U.S. consumer confidence rose this month to the highest level since September, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.

New housing starts fell 10.8% in March after rising in February, the Commerce Department said Thursday.

Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.

The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.

The consumer price index fell 0.1% in March and declined over the past year for the first time in 54 years, the Labor Department said Wednesday.