Government

Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.

New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.

New home sales rose 2.7% in September from a 17-year low the month before, the Commerce Department said Monday.

The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.

Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still don’t consider fleet maintenance a first-tier, mission-critical function, putting it instead in the “necessary evil” category.

The national average price of regular gasoline plunged 53 in the two weeks ended Friday to $2.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

North America’s five biggest railroads flexed their pricing muscles to earn $2.85 billion in the third quarter, raising revenue per shipment 20% despite lower freight traffic.

The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.