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Crude Oil Prices Decline as OPEC Fails to Meet Quotas • Final Consumer Sentiment Index Falls in December • Personal Spending Increases in November • J.B. Hunt May Owe $39 Million to IRS • And more...

U.S. Concerned With Hijacking of Cargo Planes, Journal Says • Government Elevates Terror Alert to Orange • CNF Fined $6 Million for Hazardous Cargo Violations • Acting TSA Chief Sees Active Roles for Local Directors • And more...

U.S. sales of heavy-duty trucks rose 4.2% in November compared with the same month a year earlier, posting a moderate gain from what was a strong month in 2002 when truck makers were still seeing leftover “pre-buy” demand for engines built before new federal emissions rules took effect that October.

The Department of Transportation and the National Industrial Transportation League joined other transportation organizations in opposing the Southern Motor Carriers Rate Conference’s request for nationwide ratemaking authority, raising broader objections to collective ratemaking in general.

The average retail price of diesel fuel in the United States rose 1.8 cents per gallon to $1.504, the highest price since April 28, the Department of Energy reported Monday..

Retailers Disappointed at Holiday Sales • Oshkosh Receives $49.4 Million Contract From Army • Fuel-Economy Standards May Get Overhaul, Journal Says • Survey: Gasoline Prices Steady Over Past Two Weeks • And more...

FCC Approves New Frequency for Highway Systems • FedEx, Eaton to Road-Test Hybrid Trucks • Penske Truck Leasing to Offer Xatanet • Bush Administration Says Technology Sector Recovering • And more...

Energy Secretary Says High Oil Prices Hurts Economy • Ryder to Buy Two Companies; Raises 2004 Guidance • FedEx Plane Catches Fire After Landing • OPEC Raises Forecast for World Oil Demand • And more...

Despite a lobbying push, truckers in Illinois probably will have to wait until at least 2004 for relief from increased licensing fees and sales tax charges, industry leaders said last week.

The Department of Transportation will require new information about hazardous materials spills in rules that become effective July 1.