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In the news this morning: OPEC may extend oil production cuts; Truckers warn consumers about rising prices from fuel price hikes; and Canadian truckers plan to strike over gas prices.

Swift Transportation Co. has repurchased 1 million shares of its common stock in the past three months, and the company's board authorized another buyback of 500,000 shares last week.

Securities analysts said that Federal Express Corp. made a mistake in implementing a fuel surcharge and would have been better off to increase list prices, as United Parcel Service did.

Transportation Research Board members say government officials will have to tackle some tough issues if they hope to accommodate increased freight on the nation’s highways.

When it comes to avoiding traffic congestion, truckers are at the mercy of their customers, according to studies released at the Transportation Research Board’s annual meeting.

In the news this morning: Ottawa Police plan two-week crackdown on drivers; Arkansas-based truckers take snow in stride; and Illinois bill would give state full driving records of truckers.

This afternoon's headlines: Gov. Ryan takes blame for Ill. CDL scandal; Residents seek state help with speeding rigs on Fla. truck route; and Yellow Corp. renames technology development unit.

W. Roger Curry stepped down as chief executive officer of Consolidated Freightways Corp. this week, prompting the board to appoint an interim CEO and to launch a search for a replacement.

Just how good is the federal commercial driver license program? That’s the question asked by the National Transportation Safety Board at a public hearing spurred by several high-profile accidents.

President Doug Waggoner calls Daylight Transport “a virtual trucking company” since it uses a non-asset-based operating system and relies heavily on information technologies.