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Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.

Consumer confidence fell to a 16-year low this month, the New York-based Conference Board said Tuesday.

Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.

New home sales increased 3.3% in April, the Commerce Department said Tuesday.

Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.

The House of Representatives passed a bill last week that included a tax break for companies purchasing trucks with auxiliary power units or advanced insulation by exempting the cost of those items from the federal excise tax on trucks.

NEW YORK — Executives with four of the largest U.S. trucking fleets all said they are not planning to pre-buy trucks next year.

The New Jersey Motor Truck Association has put a large banner link on its Web site to help the approximately 1,000 truck drivers who were let go from Jevic Transportation this week find work.

A group that represents truckers at the Port of New York/New Jersey is backing a proposal to raise tolls and the gasoline tax in the state, the Associated Press reported.