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Volvo Trucks North America is recalling 125,000 heavy-duty trucks because of faulty circuit breakers that could cause a fire, Bloomberg reported.

Daimler Financial Services Americas may make fewer loans to finance purchases of commercial trucks in 2008, and its chief executive officer sees a slow year ahead for U.S. truck sales, Bloomberg reported.

FedEx Corp. may have to pay $319 million in back taxes and penalties for misclassifying its ground-delivery workers as contractors in 2002, Bloomberg reported.

Regarding your op-ed, “Dealing with California’s Reefer Rules," American Trucking Associations commends the efforts of the California Air Resources Board to conduct national outreach for the first time on its state regulation that will affect the nation’s refrigerated carriers.

The average price of retail diesel fuel fell 0.1 cent from a week ago to $3.308 a gallon, the Department of Energy said Wednesday.

Trucking faced challenges on all fronts in 2007 as credit woes curtailed economic activity, a federal appeals court overturned key provisions of rules governing driver hours and truck equipment suppliers endured another precipitous — but not unexpected — sales slump

Class 8 truck sales in the United States continued to scrape along the bottom in November, with original equipment manufacturers selling 10,309 vehicles — down 54.3% from the 22,539 they sold a year ago.

WASHINGTON — The chairman of the Senate Commerce Committee’s panel on surface transportation called the Federal Motor Carrier Safety Administration’s revised hours-of-service rule “a sham,” while advocacy groups asked a federal court to once again overturn portions of the rule.