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A New York-based private equity investor has reached agreement to acquire majority interest in Ozburn-Hessey Logistics, the largest privately held third-party logistics provider in the U.S., OHL said Monday.

Heat Causing Buckling Roads in Pa. • Second U.S. Mad Cow Disease Case Confirmed • L.A. Port Seeks Federal Security Grants

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Rising asphalt prices have caused at least five states to delay or cancel road resurfacing projects, which could have an adverse effect on commercial vehicles, transportation officials said.

The Senate Tuesday approved an energy bill that encourages more efficient uses of energy and the development of renewable fuels such as ethanol, though it would do little to immediately ease gasoline, diesel and crude oil prices that are at or close to record highs, Bloomberg reported.

General Motors Corp. has indefinitely forbidden its senior executives and other employees with access to internal financial information from buying or selling company stock, the Associated Press reported Monday.

Click here to write a Letter to the Editor. asoline prices surged an average of 8 cents a gallon over the two-week period between June 11 and June 24, according to the latest Lundberg survey of filling stations.

The Port of Vancouver could lose up to 40% of its capacity to move containers because of a strike by truckers seeking higher pay to cover fuel costs, Bloomberg reported Monday.

GeoLogic Adds Cingular Network Option • Former N.Y. Brewery to Produce Biodiesel • Celadon Terminal to Get WiFi 'Hot Spot'

Click here to write a Letter to the Editor. rude oil prices hit a third record in three days Monday, climbing to $60.95 a barrel in intraday trading, a new record high, before receding slightly.