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Despite a few forecasts for better economic times in the months ahead, the harsh reality of today’s news shows that the Federal Reserve needs to continue lowering interest rates to ensure better days.

Transportation company Landstar System said Monday that Henry Gerkens has been named president and chief financial officer. Gerkens, most recently executive vice president and chief financial officer, replaces Jeff Crowe as president.

DHL, Northwest Form Air Alliance; TMG Acquires Outbound in Truckside Ad Deal; Springfield, Va., Construction Slows Traffic; and more...

The national average price per gallon of diesel fuel dropped to $1.48 per gallon on Monday, which was 0.6 cent below the previous week, according to the Department of Energy.

Handhelds: Users Waiting for Next Big Thing; Bell, AT&T Ads Face-Off Over Long-Distance Bill; IBM to Offer Wireless Instant Messaging; and more...

Volvo Trucks North America has named Michel Gigou to be its new president and chief executive officer. He has held those titles for Mack Trucks Inc., based in Allentown, Pa., for the last five years. Both Mack and VTNA, with headquarters in Greensboro, N.C., are subsidiaries of Volvo Global Trucks, located in Stockholm.

A spate of indicators released Friday show weakness continuing to spread for the U.S. economy, in line with a growing awareness by economists that the slump may not have even hit bottom yet.

In a report that underscores how the U.S. economy is still struggling even as it avoids a recession, the Commerce Department said retail sales rose in May at a much slower pace than in April..

Truck drivers may be hearing more beeps and whistles in their cabs if a predicted increase in the number of on-board warning devices and collision avoidance systems increases..

Here’s the scenario: A trucking company wants to hire drivers in predominantly Hispanic towns along the Mexican border.