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Federal Reserve policy makers voted unanimously on Wednesday voted to hold the benchmark interest rate at 1%, the lowest since 1958, but dropped their commitment to hold rates low "for a considerable period."

The Commerce Department said Wednesday that sales of new homes fell 5.1% in December to a 1.06 million annual pace, the slowest in eight months.

Total orders for durable goods in the United States were unchanged in December, but excluding transportation equipment, orders declined 0.7% for the month, the Commerce Department reported Wednesday.

Click here to write a Letter to the Editor.Everyone in North America involved in the transportation industry knows about the event that took place on Jan. 4. However, no one knows the exact impact it will have.

ArvinMeritor Says Commercial Vehicle Markets Strengthening • Landstar Says Demand Strong Thus Far in 2004 • J.B. Hunt's Earnings Set Record in 2003 • Swift Reports Higher Profits; Says Rating Still Satisfactory • And more...

FBI Official Says Seaports Are Vulnerable Targets • Bush Expected to Boost 91ÊÓƵland Security Funds • Survey Finds Many Cities Not Receiving Security Funding • U.S. Moves to Implement Airline Background Checks

The Conference Board said Tuesday that consumer confidence rose in January to its highest level since July 2002.

WASHINGTON — The government should coordinate freight data collection in the United States because information on freight movement is needed to help public agencies make decisions about highway infrastructure, safety and security, economic competitiveness and environmental issues, a report by the Transportation Research Board said. br clear=all>

Click here to write a Letter to the Editor.This [drivers’ workday rule] doesn’t appear to be a very well-thought-out plan. Why do we want to create a bigger shortage of drivers in an already fragile industry.

Storm Tangles Transportation for Second Day • Former Head of Chicago Trucking Program Charged With Extortion • CNF Reports Higher Profits, Names New Chairman • Caterpillar Reports Higher Net Income • And more...