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The Federal Reserve voted unanimously Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.

American Trucking Associations Monday warned against Virginia's proposal to close 25 of its 42 rest areas, saying that the move would be dangerous for all drivers.

Prices paid to U.S. producers rose 0.1% in February, the Labor Department said Tuesday.

New housing starts surged in February from a record low the month before, the Commerce Department said Tuesday.

Tire maker Double Coin said it has doubled its market share in Mexico since being reintroduced to that country’s market in 2007.

By all indications, it’s going to be a lousy year for equipment sales. Sales of heavy-duty trucks hit a 16-year low in 2008, and this year could be even worse as freight carriers cut back on capacity in response to a steep drop in demand for shipping.

German truck maker MAN AG said Tuesday it has completed its acquisition of VW Truck & Bus in Brazil, making MAN on a leader in the Brazilian commercial vehicle market.

Caterpillar Inc. said Tuesday it will lay off more than 2,400 employees at five plants in three states as the heavy equipment maker continues to cut costs amid the economic downturn, the Associated Press reported.

The Department of Transportation is moving quickly to use economic stimulus funds to improve infrastructure, Transportation Secretary Ray LaHood said Tuesday.

OPEC plans to hold its oil output steady rather than to make deeper production cuts that were sought by some of its members, the Wall Street Journal reported Monday.