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The national average diesel price dropped 3 cents to $3.491 a gallon in its third straight decline, according to U.S. Energy Information Administration data released Nov. 18.

The acquisition brings 50 to 60 trucks and three service centers into Moran’s operations, increasing its total to 12 service centers and more than 675 pieces of equipment across the Midwest.

Joe Beacom will become president of Landstar System Holdings. Matt Miller will succeed Beacom as vice president and chief safety and operations officer.

SmithCo Inc. has developed a patent-pending kingpin housing for its side-dump trailers that’s intended to improve durability and reduce maintenance costs.

J.B. Hunt Transport Services recently announced a series of executive appointments.

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

Diesel prices across the U.S. averaged $3.521 per gallon for the week ending Nov. 11, a 1.5-cent decline from the previous week, according to the U.S. Energy Information Administration.

Diesel prices across the U.S. averaged $3.536 per gallon, marking a 3.7-cent decline, according to U.S. Energy Information Administration data released Nov. 4.

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.