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In the news this morning: J.B. Hunt helping to form standards for logistics software; Study says Iowa needs more truck parking; and Canadian trucking groups band together to seek solutions to industry concerns.

The price of diesel fuel in New England dropped for a second week, helping to hold the national average price steady at $1.456 a gallon despite increases in the Midwest and West.

An attempt by TransFinancial Holdings President Timothy P. O’Neil and two directors to assume private ownership of the public company has failed.

This afternoon's headlines: Gulf Arab states leaning toward oil production increase; Study shows trucking helps drive Canadian economy; and Truck parts could soon be available direct from distributors online.

The European Commission confirmed that it received a new proposal containing concessions by Swedish truck maker Volvo as it seeks approval of its purchase of rival manufacturer Scania.

The leader of the nation’s largest shippers group got a blunt answer in response to his proposal to allow trucks to carry heavier loads in exchange for moving some of the freight to rails.

In the news this morning: OOIDA executive criticizes trucker convoy in Ohio; Dump trucks join independent truckers' strike in Miami; and Moving tollbooths may ease traffic jams on Ambassador Bridge.

A number of truckload carriers have raised pay for their drivers in recent months, but researchers say these increases could take a bite out of benefits.

A controversial automated freight payment system initiated last year by the Department of Defense will be the subject of a meeting March 1 between top military transportation officers and American Trucking Associations.

The recent skyrocketing of diesel fuel prices can be explained without blaming any conspiracy, says one industry analysts.