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Honeywell International Inc. said it has agreed to purchase Intermec Inc. for about $600 million in a deal that would unite two of the transportation industry’s largest suppliers of rugged handheld computers.

With a potential strike less than two weeks away, contract talks between the union representing East and Gulf Coast dock workers and management continued last week without an agreement.

U.S. retail diesel prices declined for the seventh time in the past eight weeks, down 3.6 cents to $3.991 a gallon, the U.S. Department of Energy reported.

High driver turnover continues to plague the trucking industry, as third-quarter figures for both large and small truckload fleets stand near levels last seen in 2007, American Trucking Associations reported last week.

Truck-involved highway fatalities inched up 1.9% to 3,757 in 2011 from 3,686 the year before, the National Highway Traffic Safety Administration reported last week.

The Federal Motor Carrier Safety Administration wants to survey trucking to determine how it could prevent driver harassment when it issues a rule mandating electronic onboard recorders.

Industrial production jumped 1.1% in November, the biggest increase in two years, the Federal Reserve said Friday.

Ohio Gov. John Kasich (R) has decided against a controversial idea to privatize the Ohio Turnpike as a way to raise money for needed highway and bridge projects, the Akron (Ohio) Beacon Journal reported.

The consumer price index fell 0.3% in November, the first drop since May, the Labor Department said Friday.