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The Federal Reserve said Wednesday it “expects economic growth to remain moderate over coming quarters and then to pick up gradually.”

Consumer confidence rose in April to the highest level in a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Canadian transportation firm TransForce Inc. said its first-quarter profit improved, boosted by acquisitions.

The U.S. economy rose at a 2.2% annual rate in the first quarter, the Commerce Department said Friday.

Arkansas Best Corp. on Friday said its first-quarter loss widened from a year ago, in part due to a low corporate tax benefit rate, high workers’ compensation costs and investments in sales, customer service and information technology.

MISSISSAUGA, Ontario — Swift Transportation Inc. opposes the trucking industry’s lobbying efforts toward allowing heavier trucks on interstate highways in the United States, the company’s CEO told a gathering of Canadian trucking executives.

Carriers have many reasons for maintaining good scores on the new Compliance, Safety, Accountability program introduced by the Federal Motor Carrier Safety Administration.

American Trucking Associations urged members of the upcoming House-Senate highway-bill conference to include a mandate for electronic onboard recorders, in order to help drivers and carriers meet federal hours-of-service mandates.

Vitran Corp. late Tuesday reported a larger first-quarter loss than a year ago despite a 12.1% gain in revenue.

Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.