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Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.

The U.S. average retail diesel price broke its record high for the third straight week, surging to $3.819 a gallon and topping $4 a gallon in some places, pushed by soaring crude oil prices that also set all-time highs and closed above $110 a barrel for the first time in history.

The Environmental Protection Agency reduced its primary eight-hour ozone standard to 0.075 parts per million from 0.084 ppm to comply with the requirements of the Clean Air Act.

Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

American Trucking Associations’ Intermodal Motor Carriers Conference has asked the Federal Maritime Commission to block the ports of Long Beach and Los Angeles and terminal operators from discussing and entering into agreements related to the ports’ clean trucks program.

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.