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TransForce Signs Deal to Purchase Courier

Canadian transportation and logistics firm TransForce Income Fund said it had signed a definitive agreement to buy Century II Holdings, which owns courier company Information Communication Services.

September 17, 2007

New York Manufacturing Index Declines

Manufacturing growth in New York state declined in September, the Federal Reserve Bank of New York said Monday.

September 17, 2007

Diesel Price Gains 3.1¢ to $2.924

The national average price of diesel fuel hit its highest level in more than a year last week following a 3.1-cent increase to $2.924 a gallon, while crude oil closed at more than $80 a barrel for the first time.

September 17, 2007

Senate Blocks Funds for Mexican Truck Pilot Plan

The Senate last week stripped funding for the Transportation Department’s cross-border trucking program from DOT’s budget just days after the first Mexican truck was allowed to deliver freight to a destination in the United States.

September 17, 2007

Fleet Directors Minimize Tires’ Cost

Tire wear and tear is inevitable, but carriers can minimize its effects by choosing high-quality materials and being rigorous about maintenance and checking correct air pressures, several fleet maintenance chiefs and tire manufacturers say.

September 17, 2007

Hours-of-Service Rule Change Stalls

Recent legal moves by American Trucking Associations will temporarily keep existing driver hours-of-service rules in place, trucking officials said.

September 17, 2007

PeopleNet, Microdea Set In-Cab Scanning

Transportation software firm PeopleNet, in partnership with Microdea Inc., said Monday the two have introduced in-cab scanning for the trucking industry.

September 17, 2007

TMW Buys IDSC; Upgrades TruckMate Program

Transportation technology provider TMW Systems said Monday it acquired Integrated Support Decision Corporation, for an undisclosed sum.

September 17, 2007

Diesel Jumps 4¢ to $2.964; Gas Falls 3.1¢ to $2.787

Diesel fuel’s national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.

September 18, 2007