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The economy grew at a 3% annual rate in the second quarter of 2004, slower than the prior three months as high energy prices led to the weakest rate of consumer spending in three years, the Commerce Department said Friday.

Following weeks of negotiations, shipping companies and union leaders agreed Thursday to add 3,000 dockworkers to the Los Angeles port complex, the Associated Press reported.

SAN DIEGO — State trucking association executives, national officers and business officials debated truck size and weight issues at last week’s meeting here of the Trucking Association Executives Council.

Click here to write a Letter to the Editor. ow could anyone be surprised by the court’s decision that the Federal Motor Carrier Safety Administration must vacate and then review the current hours-of-service rules for drivers?

The credit quality of most transportation sectors, including trucking, remained stable in recent months, but some faced significant challenges because of high fuel prices and low-cost competition, credit rating agency Standard & Poor’s said.

Consumer Sentiment Index Rises for Second Straight Month • Chicago-Area Factory Activity Expands at Faster Pace • Pacer's Profits Rise 25% • Net Loss Grows at Central Freight Lines • And more...

DaimlerChrysler AG said Thursday it named Andreas Renschler as the chief of its commercial vehicles division.

Oil Prices Fall From Record in New York • Overnite Reports Higher 2Q Profits • Jobless Claims Rise by 4,000 • Revenues, Earnings Increase at Waste Management • And more...

Cargo Backlog at Port Raises Security Concerns • Congress Approves $8.2 Billion Budget for Coast Guard • Philadelphia-Bound Turkish Ship Detoured • Senate Confirms Stone for TSA Post

Transportation equipment lessor Xtra Corp. said Tuesday that Bill Franz was named the company's new chief executive officer.