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Truckload carrier CRST International has significantly expanded its menu of services with the acquisition of Specialized Transportation Inc., making for the second merger this year of two of the nation’s 100 largest for-hire trucking companies.

Navistar Inc. said that it will permanently close its heavy-duty truck manufacturing plant in Chatham, Ontario, which has been mothballed for two years because of a labor dispute.

The national average price of retail diesel dipped 1.2 cents a gallon to $3.937 last week, the fifth time in nine weeks it has declined, the Department of Energy reported.

The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.

President Obama signed legislation Friday ending a two-week partial shutdown of the Federal Aviation Administration, the Associated Press reported.

The Senate approved legislation Friday to end a two-week partial shutdown of the Federal Aviation Administration, the Associated Press reported.

Faced with the expiration in September of federal transportation taxes on gasoline and diesel fuel, highway advocates say they are increasingly worried that the anti-tax, anti-government rancor that characterized the debt ceiling battle could endanger the nation’s transportation system.

Tim Bailey Jr. will be the third generation of Baileys representing West Virginia in the National Truck Driving Championships and National Step Van Driving Championships this week in Orlando, Fla.

Truck and automobile parts maker Visteon Corp. posted second-quarter net income of $26 million, or 50 cents a share, turning around a loss of $201 million, or $1.55 per share, a year ago.

Cooper Tire & Rubber Co. said second-quarter earnings at its Cooper Tire division fell to $12 million, or 18 cents a share, from $19 million, or 30 cents, a year ago.