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Bush Leasing will emerge from bankruptcy sometime in April, after a March 22 judicial decision approved the company’s reorganization plan.

In a report that illustrated how much the U.S. economy is deteriorating, the Labor Department said Friday that the jobless rate rose to 4.3% in March from 4.2% in February, as overall payroll employment shrank by 86,000.

PG&E Files for Bankruptcy; DOE Warns of Summer Gas Price Hike; Trism Controller Leaving Company; KKK Removed From Adopt-A-Highway Program; Wash. State Senate Eyes Hikes in Fuel Tax, Vehicle Fees; and more...

SBC Plans Long-Distance Service in Missouri; Cell Phone Dispute Puts Customers on Hold; Alcatel Not Fully Committed to Handset

Truckload carriers will launch a joint effort cut costs and improve service through a benchmarking project after receiving approval from the Department of Justice to share certain business information.

The sagging stock market and the weak economy have caused two privately held transportation companies to delay plans to offer common stock to the public.

Supervalu Inc., a large U.S. food distributor and retailer, said it would cut about 4,500 jobs and close or downsize some distribution operations after losing a contract with giant retailer Kmart Corp., news services reported.

Visteon, the third-largest maker of vehicle parts, said it plans to immediately eliminate about 1,800 jobs worldwide..

Dutch Truck Driver Jailed for Manslaughter; Comair Cancels Flights Through April 13; March U.S. Layoffs Surged; MAN's Profit to Fall on Higher Truck Costs; and more...

The U.S. House of Representatives on Wednesday approved a bill that would phase out estate taxes by 2011, at a cost of $192 billion. The bill is part of President Bush’s $1.6 trillion tax cut package, and passed by a vote of 274 to 154.