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For the fourth time in a row, the Federal Reserve on Tuesday kept the benchmark U.S. interest rate at 5.25%.

Financially troubled truck components supplier Dana Corp. Tuesday identified four of the eight North American factories it will close during the next two years as it scales back to exit bankruptcy protection.

BNSF Railway Co. said Tuesday it will reintroduce international intermodal container service from the Pacific Northwest to Memphis, Tenn., starting in January.

Traffic on U.S. highways climbed to an all-time high in 2005, the Department of Transportation said Monday.

Federal Reserve policy makers will likely leave their benchmark interest rate unchanged when they meet Tuesday afternoon, Bloomberg reported.

President Bush last week signed an executive order aimed at strengthening the security of the U.S. surface transportation system, including freight transport.

Heavy-duty components maker ArvinMeritor wants to triple its business with Asian vehicle makers in the next five years and is launching a restructuring program that try to cost cuts, grow revenue and development new products, the Associated Press reported.

The House and Senate passed historic postal reform legislation in the final hours of the 109th Congress after key negotiators brokered an agreement to modernize the U.S. Postal Service for the 21st Century, according to the office of Sen Susan Collins (R-Maine).

Axonn Updates Asset-Tracking Hardware • Dana Joins Transport Technology Consortium • EPA Certifies Caterpillar’s Heavy-Duty Engines • Indiana Toll Road to Offer Drivers Electronic Passes • And more...

Nearly 20 years ago, biometric identification was touted as a high-tech way of ensuring the validity of commercial driver licenses. What has happened to biometric IDs since then is a story of failed initiatives, some success and 9/11’s intrusion on the still-unresolved debate over standards.