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This afternoon's headlines: USFreightways stock up after upgrade, Werner, Yellow, CNF dip; Carriers refuse hourly wage at Vancouver port; and Driver of truck that hit bridge pays fines.

In the news this morning; FedEx plans European expansion; Philadelphia police get $20,000 to fund truck checks; and FDX-SAP pact may lead to battle for logistics software market.

The president of DaimlerChrysler AG's Chrysler division and the head of Daimler's truck unit will reportedly resign as part of a shakeup that could cut four of the automaker's 17 board seats.

In a deal that brings together the second- and third-largest movers in the United States, the owner of North American Van Lines agreed to acquire Allied Van Lines and other moving services from London-based NFC Plc. for $450 million in cash and stock.

The National Transportation Safety Board last week waded through conflicting testimony about crossing signals and the actions of truck driver John Stokes, who was at the wheel of the steel-laden tractor-trailer struck by an Amtrak passenger train March 15 in Bourbonnais, Ill.

Rate increases posted by less-than-truckload carriers in recent weeks are drawing flak from an organization representing LTL and package shippers.

In the show jumping arena, horsepower is the force produced by 1,300-pound thoroughbreds leaping over obstacles the size of pickup trucks at the command of the rider. For Paul Petersen, it’s what’s harnessed under the hood of the Peterbilt 377 he relies on to transport horses on the show circuit.

Freight movement in the southeastern United States ground to a halt last week as a massive hurricane bobbed and weaved up the Eastern Seaboard, threatening to hammer towns from South Florida to North Carolina.

Reflecting the American Trucking Associations’ ongoing restructuring, the theme of this year's annual Management Conference & Exhibition will be “ATA: Look What We’re Building.”

Overnite Transportation Corp. withdrew its registration for an initial public offering Sept. 14, citing “current market conditions” as the reason.