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Canadian company Mullen Transportation Inc. said Monday it had closed its acquisition of Tenold Transportation Inc., a private company based in British Columbia.

Energy & Engine Technology Corp., a developer of auxiliary power generators for the long-haul trucking industry, said Monday it is launching a financing plan targeted to independent owner-operators and small trucking fleets.

The House of Representatives has approved an energy bill that includes $100 million for a new program to provide financial incentives to fleets to replace their older trucks with newer, cleaner-burning models or to retrofit their older diesel engines to meet current emission rules.

Click here to write a Letter to the Editor. he Federal Reserve is expected to raise interest rates again Tuesday by a quarter-point to 3%, news services reported.

An index of Chicago-area business declined in April from the highest level in more than 16 years, the National Association of Purchasing Management-Chicago said Friday.

Overnite Corp. reported late Thursday its earnings improved to $11.4 million or 40 cents a share for the first quarter, up from $7.5 million or 27 cents a year ago.

Indiana’s House gave final approval Thursday to make the entire state join to observe daylight-saving time, the Associated Press reported.

Click here to write a Letter to the Editor. he University of Michigan's final consumer sentiment index for April dropped to 87.7, the third straight monthly decline and the lowest level since September 2003.

Intermodal traffic increased 5.7% for the week ended April 23, the Association of American Railroads reported.