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Truck-related highway fatalities plummeted 12% in 2008 to 4,229, the lowest total since the federal government began keeping records, the National Highway Traffic Safety Administration said.

Diesel prices dipped slightly for the second week in a row but, according to truckers and analysts, have yet to reflect the full effect of falling crude oil prices, record diesel surpluses and one of the worst freight recessions in trucking history.

YRC Worldwide said it has reached a new cost-cutting agreement with the Teamsters union and hired a financial adviser to work with key lenders as part of a broad effort to boost the carrier’s cash position.

Gregory Nadeau, a former official with the Maine Department of Transportation, was appointed deputy administrator of the Federal Highway Administration, the U.S. Department of Transportation announced July 1.

Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 “in secret collaboration with certain engine makers.”

The Senate last week kicked off debate on an energy bill that includes a controversial cap-and-trade provision to limit carbon emissions, summoning four top Obama administration officials to testify before the committee that will craft the Senate version of climate change and energy policy legislation.

The price of goods imported to the United States jumped 3.2% in June, marking the fourth straight monthly increase, the Labor Department said Friday.

The U.S. trade deficit narrowed in May to the lowest level in almost a decade, the Commerce Department said Friday.