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NEW YORK — Con-way Freight expects to achieve progress on restoring profit margins through cost reduction and efficiency efforts in the upcoming quarters, the chief financial officer of its parent company said.

BIRMINGHAM, Ala. — The new federal hours-of-service rule due to be unveiled shortly is likely to trim one hour of maximum driving time, and extend the rest period necessary to initiate a new workweek, according to the chairman of the Truckload Carriers Association.

The Federal Motor Carrier Safety Administration last week said it will not require the next generation of electronic onboard recorders to use a different type of computer connection than current models, or to operate in temperature extremes beyond the capability of existing systems.

The main problems owners of 2008 heavy-duty engines have encountered involve the exhaust gas recirculation system and the engine computer, J.D. Power and Associates said in a report.

NEW YORK — Fleet executives warned that the continuing, though modest, rise in freight volumes won’t trigger an immediate surge in equipment orders.

FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload operations.

NEW YORK — Many carriers, particularly in the truckload sector, said they are winning rate increases from shippers that typically are at least 5%, reflecting the industry’s tight capacity.

When Joe Killeen heard that New York City needed participants for its trial off-hours delivery program, he did more than volunteer his Kearny, N.J., trucking firm, New Deal Logistics.

Fleets are intensifying their already aggressive recruiting efforts to find qualified applicants, as skilled prospects become harder to find, industry officials said.

The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.