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Trucking company failures declined to 370 during the second quarter, plunging 61.9% from the 970 recorded a year earlier, despite the economic turmoil that has sent fleet profits reeling. But the stock analyst who prepared the data warned that the bankruptcy improvement wasn’t a sign of better times.

The battle over how to best accomplish clean-truck programs for drayage fleets has moved from California ports and courtrooms to the halls of Congress.

U.S. Class 8 retail sales fell for the seventh consecutive month — this time by 32.9%, WardsAuto.com reported, and a market forecaster predicted that no substantial change is likely until the second half of next year.

Manufacturing levels in the Philadelphia expanded in August for the first time in almost a year, the Federal Reserve Bank of Philadelphia said Thursday.

An index of leading economic indicators rose 0.6% in July, the fourth consecutive increase, the New York-based Conference Board said Thursday.

Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.

Initial jobless claims rose to 576,000 last week, the Labor Department said Thursday.

Oil rose to near a two-month high of more than $72 a barrel early Thursday, a day after jumping more than $3, Bloomberg reported.

The Department of Transportation said it will host its “distracted driving” summit in Washington on Wednesday and Thursday, Sept. 30 - Oct. 1.