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Advantage Management Group, an Ohio-based holding company with trucking and logistics assets, will buy tank truck carrier Kenan Transport Co. for about $84 million in cash, creating one of the nation’s largest bulk haulers of petroleum products, operating in 35 states.

Oh, my achin’ back!” Practically anybody who has a hands-on relationship with trucks has had occasion to say that.

The National Private Truck Council named former National Moving and Storage Association chief executive Gary Frank Petty as its new president.

Secretary of Transportation Norman Y. Mineta has a list of candidates to fill the Federal Motor Carrier Safety Administration’s top spot, but has not yet pinpointed anyone for the job. In the interim, Julie A. Cirillo continues to lead the agency.

The Federal Motor Carrier Safety Administration unveiled results from a four-year survey on how carrier scheduling affects driver fatigue, drawing a clear line between management practices and drivers’ perceptions of fatigue.

Market observers are still predicting a drop in the price of diesel fuel despite two consecutive weeks of rising prices.

WASHINGTON — Hoping for a better reception at the Bush White House than she got from the Clinton administration, Rep. Jennifer Dunn (R-Wash.) last week reintroduced her bill to repeal the estate tax.

Canadian National Railway Co. says its plan to purchase the Wisconsin Central Transportation Corp. at a cost of $1.2 billion should be seen by the Surface Transportation Board as a “minor transaction..

More than 12,000 jobs have now been eliminated in the slumping truck-manufacturing industry since October 1999 as two more manufacturers announced new production cuts.