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The Senate voted Friday to eliminate estate and gift taxes over a 10-year period to help preserve family-owned trucking operations, but the bill faces a veto by President Clinton who said it benefits wealthy Americans.

The price of diesel fuel crept downward 0.4 cents a gallon this week amid arguments over inventories, oil production quotas and reserve plans, but analysts aren't holding out much hope for a significant drop in fuel prices anytime soon.

The Pennsylvania Turnpike Commission relaxed the rules that determine which hazardous materials may be trucked through the four mountain tunnels on its toll road.

The House Treasury and Postal Subcommittee on July 11 approved the long-awaited appropriations bill that includes funding for the U.S. Customs Service’s Automated Commercial Environment.

Orbcomm Global and its Vantage Tracking Solutions division will remain in the trailer-tracking business in spite of a significant layoff in personnel, according to the chairman of the limited partnership.

In the news this morning: Senate sets Friday vote on estate tax repeal; Senate votes against suspending motor fuel taxes; Yellow Freight plans rate increase in August; and more.

This afternoon's headlines: Better information for shippers, carriers behind FreightWise-NTE deal; transportation summit called for in Connecticut; truck repossessions continue to mount; and more.

Today's technology headlines: PNV adds Williams to list of truckstop outlets; Truckinguniverse industry shopping site goes live; distribution system takes off for clothing retailer American Eagle; and more.

Rail freight traffic, led by a 9% surge in coal volumes, increased 6.1%, and intermodal loadings rose 3.8% last week, the Association of American Railroads said Thursday.

Just how much will the proposed changes in the hours-of-service regulations cost? It depends on who you ask. While the feds estimate the rule will cost $3.4 billion, industry groups say the cost could reach $130 billion.