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UTi Worldwide said late Tuesday it had acquired a large third-party logistics and truck brokerage firm, and set a three-for-one stock split.

In testimony on the hours of service issue last fall, James Walker, an automotive consultant, spoke of the importance of setting speed limits based on the 85th percentile rule — i.e., the speed at or below which 85% of drivers operate their vehicles.

OPEC will maintain oil production near a two-decade high as prices remain above $60 a barrel, Bloomberg reported Wednesday..

The average national price of retail diesel fuel jumped 7.4 cents to $2.545 a gallon, while gasoline leaped 7.7 cents to $2.331, the Department of Energy said Monday.

U.S. workers’ productivity fell at a 0.5% annual rate in the fourth quarter, the first decline in nearly five years, the Labor Department said Tuesday.

Former USF Corp. Chief Executive Officer Thomas Bergmann has been named chief financial officer of Harley-Davidson, the motorcycle maker said Monday.

Engine maker Cummins Inc. will set up its ninth venture in China to make diesel engines for pickup trucks, vans and other light-duty vehicles, Bloomberg reported Tuesday.

OPEC ministers are likely to leave oil production quotas unchanged when they meet Wednesday, Bloomberg reported.

Moving firm Sirva Inc. said late Monday it has withdrawn its guidance for the first six months of 2005.

Fleet customers are buying new trucks ahead of schedule to avoid paying sharply higher prices for 2007 models, but an expected drop in sales next year probably will not be as bad as it was after emission regulations took effect in October 2002, Mack Trucks officials said.