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Knight Transportation said Tuesday its board increased its quarterly dividend to 4 cents a share, from 3 cents.

Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.

Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.

Consumer confidence fell to a 16-year low this month, the New York-based Conference Board said Tuesday.

The use of safety belts by commercial drivers will be a major focus of the International Roadcheck 2008 event, safety officials said.

NEW YORK — Executives with four of the largest U.S. trucking fleets all said they are not planning to pre-buy trucks next year.

The House of Representatives passed a bill last week that included a tax break for companies purchasing trucks with auxiliary power units or advanced insulation by exempting the cost of those items from the federal excise tax on trucks.

California work crews will close parts of Interstate 5 in Sacramento starting Friday, the California Department of Transportation said on its Web site.

Jevic Transportation, the heavyweight less-than-truckload carrier and vendor to the chemical industry whose rapid growth at an early age once impressed investors, closed its doors and filed for bankruptcy last week after 27 years in business.

As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.