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Sales of both existing and new homes fell in November, the National Association of Realtors and the Commerce Department said Tuesday.

U.S. consumer confidence improved this month from its lowest level in 28 years, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Tuesday.

Ryder System said Tuesday it has completed its acquisition of a Canadian logistics firm with operations in China.

Old Dominion Freight Line said Tuesday it is lowering its profit forecast due to difficult economic conditions.

The U.S. economy contracted 0.5% in the third quarter, the Commerce Department said Tuesday in its final of three estimates.

Transport Topics Online will be closed Wednesday through Friday for the Christmas holiday. Please check back on Monday, Dec. 29, for the latest trucking and freight transportation news.

The Department of Transportation and the I-95 corridor coalition signed an agreement earlier this month to help relieve congestion on Interstate 95.

A coalition of advocacy and labor groups last week again challenged the revised driver hours-of-service rule, asking the Federal Motor Carrier Safety Administration to reconsider provisions in the rule that allow truckers to drive 11 hours in a workday and reset their weekly hour limit by taking 34 hours off.

Truckload driver turnover rates fell to the lowest levels since American Trucking Associations began collecting the data in 1995, as trucking companies cut jobs and trimmed the size of their fleets in the face of sharply falling freight-hauling demand in the third quarter.