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Wireless alarm company Telular Corp. has agreed to buy trailer tracking supplier SkyBitz Corp. for a total of $42 million — $35 million in cash and $7 million in new Telular stock.

DEARBORN, Mich. — Ford Motor Co. said it will offer its V-10 gasoline engine to power its Super Duty F650 line of trucks in a bid to reduce costs for fleets that don’t pile up miles on their vehicles.

U.S. diesel prices declined for a second straight week, while gasoline declined for a third consecutive week, according to the Department of Energy.

The Senate Commerce Committee has set Dec. 14 to hear three bills introduced this week as part of the two-year transportation reauthorization package moving through the Senate.

Consumer confidence rose this month to a six-month high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The U.S. trade deficit narrowed by 1.6% in October, shrinking to its lowest level of the year, the Commerce Department said Friday.

C.H. Robinson Worldwide announced late Thursday that its board has declared an increase to its regular quarterly cash dividend.

U.S. highway deaths fell to the lowest level in 2010 since 1949, but truck-related fatalities rose for the first time since 2005, the Department of Transportation said Thursday.

DEARBORN, Mich. — Ford Motor Co. officials said the company will offer gasoline-powered versions of their Super Duty F-650 trucks in a bid to undercut the cost of competing diesel models offered by Ford and its competitors.