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LOUISVILLE, Ky. — Truck drivers and instructors told Federal Motor Carrier Safety Administration officials they should mandate far more training for new drivers than currently required.

The average price of a gallon of retail diesel declined for a fourth week in a row, slipping 4.1 cents to $4.006 per gallon, the Department of Energy reported.

Consumer confidence increased in March to a four-month high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Flatbed carrier Cox Transfer said it will acquire Horton Trucking, effective April 1. Terms were not disclosed.

Japan, the world’s largest buyer of liquefied natural gas, plans to list the world’s first futures contract for LNG within two years, Bloomberg News reported Friday.

Personal spending rose 0.7% in February, the largest gain in five months, the Commerce Department said Friday.

It appears that the opponents of Virginia’s plan to put tolls on Interstate 95 have won the battle, and we’re glad to hear it.

Trailer manufacturers said they are turning to new cost-saving features and services to seize the advantage in a market that isn’t expected to grow all that much this year, industry officials said.

Ya gotta love it that the royalty in Washington, D.C., is so out of touch with the American people and the business world. The bureaucrats in Washington have never sat in a truck, and yet they are the ones telling me how to drive my truck.

Virginia Gov. Bob McDonnell (R) last week signed a transportation funding bill that replaces the state’s 17.5-cent-a-gallon tax on diesel and gasoline with sales taxes that will pay for roads and public transit.