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The U.S. economy grew at an annual rate of 3.8% in the fourth quarter, up from an earlier 3.1% estimate, the Commerce Department said Friday.

Sales of previously owned homes fell 0.5% in January to a 5.94 million annual rate, the National Association of Realtors said Friday.

A day after announcing it would close an air freight hub in Ohio, UPS Inc. said Friday it would integrate the heavy freight handled by that facility into an $82.5 million expansion of its Louisville, Ky., air cargo operations.

Oil Rises Slightly, Remains Over $51 • FedEx, Pilots Union Reportedly at Odds Over Recorders • Western Europe Heavy-Duty Truck Sales Rise • Intermodal Volume Grows 22.8% for Week • And more...

Orders for durable goods in the United States fell 0.9% in January on reduced aircraft and automobiles, the first decline in three months, the Commerce Department reported Thursday.

TAMPA, Fla. — A total of 96 task force sessions were held here during the Technology & Maintenance Council’s annual meeting, focusing on topics that included cleaning diesel particulate filters, documenting maintenance costs on a per-mile basis and benchmarking information-technology systems.

Trailer tracking clearly would hold little value for fleet managers if they couldn’t sever the tractor-trailer umbilical without leaving the trailer a lifeless lump.

After a long truck trip with his ear tuned to radio programming beamed down from space, Herb Schmidt, president of truckload carrier Contract Freighters Inc., was so impressed that he ordered all his fleet’s new trucks to be equipped with factory-installed satellite radio receivers.

UPS Inc. said Thursday it will close the Dayton, Ohio, air-freight hub it acquired in December.

Overall trucking freight volumes rose 3.4% to 116.5 in January, a record high, according to an American Trucking Associations index.