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Driver turnover at truckload carriers with annual revenue of more than $30 million declined to 103% in the first quarter, the lowest annualized rate in five years, American Trucking Associations reported.

The Teamsters union last week agreed to a new labor contract with 10 auto transporters, six days after Performance Transportation Services Inc., the sector’s second-largest fleet, closed its doors.

Ontario approved legislation last week that will require every heavy-duty truck operating in the province to employ a device to govern its maximum speed at 105 kilometers per hour, or about 65.2 miles per hour.

The national average diesel price remained unchanged at $4.692 a gallon last week, following small declines for the previous two weeks, the Department of Energy reported, matching the longest stretch without an increase so far this year.

West Coast port operators are optimistic they can get a labor deal in place by the end of this month and avoid any strike or shutdown at the facilities, the Wall Street Journal reported.

A top trucking official urged Congress Thursday to take a cautious approach to climate change initiatives, saying the industry was concerned over the impacts of pending cap-and-trade legislation on the economy and fuel prices.

Crude oil rose Friday, a day after sliding almost $5 on reports that China would raise fuel prices, news services reported.

Police in Burbank, Calif., are investigating the theft of 4,000 of diesel fuel from a service station, the Associated Press reported.

Manufacturing levels in the Philadelphia region declined this month, continuing to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.