Business

Truckers Against Trafficking has been honored by a group of federal lawmakers for its work in rescuing young women from human trafficking networks in which they are sexually exploited.

Purchases of new homes slumped more than forecast in March from a seven-year high, a sign progress in the industry will be halting.

Applications for U.S. unemployment benefits held below 300,000 for the seventh straight week, pointing to a rebound in payrolls after hiring eased last month.

Sweden-based manufacturer Volvo AB reported first-quarter increases in sales and net income, including at its truck-making operations — the second-largest in the world.

Here's a Twitter roundup of how the trucking industry and others are recognizing efforts to save the planet on Earth Day.

WASHINGTON — With five agencies at the Department of Transportation run by acting administrators, Sen. Steve Daines (R-Mont.) asked Secretary Anthony Foxx on April 22 why the Obama administration had yet to announce nominees to fill those posts full time.

Truck dealership chain Rush Enterprises’ first-quarter net income rose as its Class 8 truck sales jumped more than 50% year-over-year.

U.S. rail intermodal traffic rose 8.1% in the week ended April 18 compared with the same week last year, the Association of American Railroads reported.

WASHINGTON — Transportation Secretary Anthony Foxx reassured senators on April 22 that his department’s trucking regulatory agency is aiming to complete a study on a recently suspended hours-of-service rule by its mid-December deadline.

Volvo AB, under shareholder pressure to boost profit margins, ousted CEO Olof Persson  as the world’s second-largest truck maker seeks to revamp strategy amid tougher competition.