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Federal Reserve policy makers said Wednesday that the U.S. economy is recovering at a “moderate pace” and that any inflation surge likely to be temporary, while agreeing keeping interest rates at a record low rate, Bloomberg reported.

The number of injuries in U.S. truck related accidents declined by 18% in 2009, according to new statistics compiled by the National Highway Traffic Safety Administration.

Swift Transportation Co. reported a first-quarter profit compared with a loss a year ago, as its operating income more than doubled.

The American Truck Dealers held its annual convention in Phoenix this month, with members cheerful over the economic rebound but increasingly leery of pending federal regulations.

A Federal Motor Carrier Safety Administration advisory committee has recommended the agency seek authority from Congress to impose penalties against shippers, receivers and brokers who “unduly detain” commercial vehicle drivers.

The Federal Motor Carrier Safety Administration is seeking additional public comment on its proposed electronic onboard recorders rule to ensure motor carriers do not use the technology to violate the privacy of truck drivers.

CINCINNATI — Fleets are adopting electronic logging systems at a rapid pace in advance of a federal mandate, according to technology vendors and fleet executives.

As technologies are implemented and improved in various industries, companies are at an increased risk of being sued for patent infringement. This is particularly true as federal or state regulators move to require companies to use electronic tracking or other technology.

An index of leading economic indicators rose 0.4% in March, the ninth straight monthly increase, the New York-based Conference Board said Thursday.