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Factory orders fell by 0.1% in August on lower demand for aircraft, the Commerce Department said Monday.

Hours-of-service rules, the economic outlook for 2005 and trucking's role in the fight against terrorism were expected to dominate American Trucking Associations' 2004 Management Conference & Exhibition beginning Oct. 3 in Las Vegas.

August Construction Spending Tops $1 Trillion • Frozen Food Express Sells Unit, Buys Back Stock • Intermodal Loadings Set Second Consecutive Weekly Record, AAR Says • Russia Approves Kyoto Protocol, Times Says

The University of Michigan index of consumer sentiment dropped to 94.2 for September, its lowest reading in four months, from 95.9 in August.

The Institute for Supply Management said Friday its factory-sector index fell to 58.5 in September from 59 in August.

Light sweet crude oil closed above $50 for the first time on the New York Mercantile Exchange, Bloomberg News reported Friday.

Michigan Bill Would Allow 65-Foot Trucks • Hurricanes Blamed for Rise in Initial Jobless Claims • IMF: World Growth Strongest in Three Decades • New Intermodal Center Planned in North Dakota • And more...

The driver turnover rate at large truckload carriers hit 116% on an annualized basis in the second quarter of 2004, just three percentage points below the all-time high of 119%, as the competition for scarce drivers intensified, American Trucking Associations said.

Congress voted to extend the current hours-of-service rules for truck drivers for one year, as part of an extension to the six-year highway bill reauthorization, congressional aides told Transport Topics Thursday.

Acquisitions and expanding worldwide trade have raised the level of competition among European and North American logistics service providers, an annual ranking of logistics companies by Transport Topics has shown.