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Oil declined Wednesday a day after topping $90 a barrel, following a Department of Energy report that showed higher gasoline and diesel inventories, Bloomberg reported.

Volvo AB CEO Leif Johansson will resign from his position next summer, Bloomberg reported Wednesday.

The evidence continues to mount that 2011 will turn out to be a pretty good year for the U.S. economy in general and for trucking in particular.

FedEx Corp. said Tuesday its FedEx Freight Canada unit has improved transit times on hundreds of cross-border routes between the United States and Canada.

The Federal Motor Carrier Safety Administration has appointed three new members to its Medical Review Board.

The Idaho Department of Transportation will hold public hearings Wednesday and Thursday after a judge said the department must consider complaints about ConocoPhillips’ plan to ship large loads of equipment along winding highway U.S. 12.

The president of the National Tank Truck Carriers has asked the National Transportation Safety Board to withdraw and reopen its investigation into a fatal 1997 tank truck accident that he said has become the “poster child” of the agency’s longtime campaign to require purge retrofits for cargo tank wetlines.

Paccar Inc. said Tuesday it has declared a special cash dividend of 30 cents per share.