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Business hopes that the Federal Reserve might go ahead and cut interest rates this week, instead of waiting for its March 20 policy panel meeting, were doused Wednesday as Fed Chairman Alan Greenspan addressed the House Financial Services Committee.

Many of the truckload carriers that have fueled the truck sales boom in recent years are now cutting back on purchases and keeping equipment on the road longer because of a slowing economy.

The U.S. trailer industry closed out 2000 with shipments 20% below the previous year, mirroring the truck manufacturing industry.

Johnson Controls To Cut 300 Jobs; Parts-Maker Core Materials Blames Trucks for Loss; OTR Shows 4Q Loss, Downsizing Plans; U.S. Economic Growth Revised Weaker; and more . . .

Qwest to Seek Right to Expand Long-Distance Service; Intel to Acquire VxTel in $550 Million Deal, a Web-Phone Move; Automaker Drives Wireless in Plants

In a ruling that has major implications for the U.S. trucking industry, the Supreme Court on Tuesday voted unanimously to support the way the federal government sets air quality standards.

The Environmental Protection Agency has agreed to let six diesel engine makers install pollution-control shutoff equipment on their 2002 engines, three years after imposing more than $1 billion in penalties on the manufacturers for using similar “defeat devices” to beat clean air tests.

In what is a strong warning sign about future U.S. economic activity, the private Conference Board said Tuesday that its much-watched consumer confidence index for February fell 106.8, well below January's 115.7 reading.

New orders placed with U.S. factories for goods designed to last three years or more fell 6% in January, a decline more than twice what private economists had projected and another sign that the factory sector continues weak.

Axis to Track Toyotas During Delivery; Gainsco Retreats from Trucking Insurance, Restructures; and more...