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Dimitrios Dardalis thinks he has a design that will enable producers to wring greater fuel efficiency from diesel engines while greatly reducing overhaul requirements. ardalis, a mechanical engineering doctoral candidate at the University of Texas at Austin, patented a wear-reducing concept that involves the use of rotating cylinder bore liners to reduce boundary friction during the combustion cycle.

Hoffa, Leedham Nominated for Teamsters President; Oshkosh Acquires Geesink Norba for $127.5 Million; Airborne, DHL Reportedly in Talks; FedEx Express to Trim Jobs Through Attrition; and more...

Cell Phone Plan May Hasten Cashless Society; Regulators Delay Auction of Spectrum for Internet; Minneapolis-Area Airport in Search of Better Signal with Wireless Deal; and more...

PITTSBURGH — Technologies that monitor fatigue levels may one day replace the need for hours-of-service limitations on truck drivers, a Department of Transportation official told participants at a truck safety conference here June 18.

Freightliner LLC said Wednesday that it will lay off 1,120 employees at four North American manufacturing plants from July through October.

The White House said Wednesday that President Bush will try to reverse Tuesday’s U.S. House action that could block Mexican trucks from operating throughout the United States beginning Jan. 1, 2002.

In a sign that the freight economy is still struggling, FedEx Corp. on Thursday reported worse-than-expected earnings of 38 cents per share for its fiscal fourth quarter ended May 31, down 55% from the same quarter in 2000.

BNSF Launches New Intermodal Service, Temporary Bridge Opens on I-80 in N.J.; US&T Says May Be Delisted; NHTSA Upgrades Investigation of GM Brakes; and more...

Xtra Corp. said Wednesday that lower freight demand and increased costs could cause earnings in the third quarter to fall as much as 57%.

The Federal Reserve cut U.S. interest rates by a quarter-percentage point on Wednesday and left the door open for further reductions, saying the risks remain weighted toward economic weakness, rather than inflation.