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Retail sales of heavy-duty trucks dropped 9.7% in May from the same month in 2002, as declines for four truck brands more than offset increases for the rest.

For several years, many medium-duty truck buyers have been fortunate enough to avoid, if not ignore, the turmoil that has roiled the heavy-duty diesel engine and truck business since 1998 as it rushed to meet lower diesel-emission standards on Oct. 1, 2002.

Price of Crude Oil Surges After Supply Report • Old Dominion Announces Rate Increase • Daimler to Introduce New Van Models • Navistar Sticks With Fiscal 3Q Forecast • And more...

U.S. new home sales surged 12.5% in May to a record a 1.157 million annual rate, and existing home sales rose 1.2%, according to separate reports released Wednesday.

CNF Inc., owner of several subsidiaries including Con-Way Transportation Services and Emery Worldwide, said late Tuesday its second-quarter earnings would be lower than previously forecast, while truckload carrier U.S. Xpress Enterprises said its results would be better than expected.

U.S. orders for durable goods dropped 0.3% in May, the second straight decline, although orders excluding the volatile transportation sector rose, the Commerce Department said Wednesday.

House Approves $29.4 Billion for ºÚÁϳԹÏÍøland Security Department • Ohio Trucker Pleads Guilty to Terrorism Charges • U.S. Warns Texas of Possible Terrorism • TSA Asked to Inspect All Air Cargo • And more...

Representatives of state motor vehicle departments had many questions but got few answers about how the new rule requiring background checks for hazardous materials drivers would operate.

The Federal Reserve on Wednesday cut the overnight bank lending rate a quarter-percentage point to a 45-year low of 1%.

Senate Committee Endorses Sandberg • FedEx's Fiscal 4Q Profits Rise • Daimler Expected to Save $116 Million at Truck Division • EPA, Justice to Look at 1998 Diesel Pact • And more...