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Senate GOP Selects Frist as Leader • Connecticut Board Seeks More Truck Parking • Postal Workers Approve 2-Year Extension • Chrysler Looking to Trim 20% from Transportation Costs • And more...

The U.S. economy, driven by consumer spending, grew at a 4% between July and September, the Commerce Department said Friday.

The summer of 2002 saw the takedown of one of the oldest, most venerated trucking companies, an event that seemed to put an exclamation mark on a stormy year for the industry.

The new year broke with a long dawn for truck buyers who were only beginning to recognize that as of Oct. 1, original equipment manufacturers would be selling over-the-road power units equipped with new — and for the truckers, unknown and untried — diesel engines.

Lott Resigns as Senate Majority Leader • U.S. Postal Service to Hand-Sort Some Letters • Daimler Expects to Beat Sprinter Sales Goal • Ryder Forecasts Better 2003 • And more ...

The Federal Reserve Bank of Philadelphia said that manufacturing activity in the mid-Atlantic region edged higher in December.

Transportation sector political action committees were major contributors to the 2002 congressional campaigns, doling out $13.5 million, according to an analysis of campaign spending by the Federal Election Commission, the Center for Responsive Politics and American Trucking Associations.

The Conference Board said that its index of leading economic indicators rose 0.7% in November.

Navistar Closes Bond Sale • Mullen Acquires Two Oil Drilling Companies • Volvo Says Truck Deliveries Fell in November • Initial Jobless Claims Dropped by 11,000 Last Week •

FedEx Corp. said Wednesday that it had earnings of 81 cents per share in the second quarter ended Nov. 30 – identical to the 81 cents per share the company posted in the same timeframe last year.