Government

The economy expanded at a 3.8% annual rate in the second quarter, more than the first quarter but less than a previous second-quarter estimate, the Commerce Department said Thursday.

U.S. Xpress Enterprises said Wednesday today that its board “is expressing no opinion and is remaining neutral” about an acquisition offer to take the truckload carrier private for $20.10 a share.

The Federal Motor Carrier Safety Administration is doing a good job of targeting carriers that pose the highest risk of accidents, but fails to follow a 1999 law requiring that maximum fines be given to the most serious safety violators, a new government report said.

Durable goods orders in August saw their biggest drop in seven months, the Commerce Department said Wednesday.

American Trucking Associations’ August for-hire truck tonnage index rose 0.9% from a year ago but dipped 0.8% from July, ATA said Tuesday.

A New Jersey Department of Transportation plan released Tuesday recommends improvements in the state’s roadways and other freight passages to maximize the economic benefits of more efficient freight movement.

U.S. consumer confidence declined in September, the New York-based Conference Board said Tuesday.

Truck idling limits in Rhode Island, New Jersey and California are the newest restrictions in a growing list of regional regulations, according to a recent report published by the American Transportation Research Institute.

Volvo AB said its heavy truck deliveries for the first eight months of the year fell 4.4% worldwide, while North American deliveries plunged, Bloomberg reported Monday.