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The Federal Reserve announced Wednesday that it would not cut interest rates for the first time in 12 months.

In his first State of the Union address Tuesday evening, President Bush called for a near-doubling of funding for homeland security, focused on four key areas: bioterrorism, emergency response, airport and border security and improved intelligence.

In another sign that the recession that began in March may be ended, the U.S. economy unexpectedly expanded in the fourth quarter, the Commerce Department said Wednesday.

The Federal Motor Carrier Safety Administration has concluded that it is “not economically feasible” for small and medium-size carriers to install electronic hours-of-service recorders on trucks.

Qualcomm Inc., which suspended business in tracking unattached trailers in early September, is exploring several ways to re-enter the trailer-tracking market with a low-cost solution that heretofore hesitant motor carriers could embrace, according to Chris Wolfe, senior vice president of Qualcomm’s Wireless Business Solutions group.

Mineta to Have Hip Replacement Surgery • California to Vote on Carbon Dioxide Bill • Accounting Change Boosts J.B. Hunt Earnings • UPS Tax Case Won't Get Immediate Appeal • And more...

The Department of Transportation needs to take additional safety steps with the Department of Energy to coordinate future shipments of high-level radioactive waste by truck and rail, according to a recent report by the DOT Office of Inspector General.

As the Federal Reserve began its two-day meeting Tuesday, reports of a five-month high in consumer confidence and a 2% jump in durable goods orders offered some of the strongest evidence yet that the U.S. economy is improving.

The Maritime Administration is working on a proposal to develop a nationwide identification card for transportation workers that all truck drivers and millions more who are employed in moving people and freight would carry.

Warm Spell Lowers Crude Oil Price • Daschle Agrees With Bush, Says Stimulus Needed • Mitsubishi Recalls Trucks, Buses • Bush Expected to Cut $9 Billion In State Highway Aid • Michelin Will Cut Output to Avoid Surplus Inventory • And more...