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The Mexican government last week imposed a second round of retaliatory tariffs on U.S. exports to protest the closing of the common national boundary to cross-border trucking and said the United States has yet to propose a plan to allow trucks from Mexico to deliver in the United States.

The decisions by three trucking fleets to announce public share offerings in recent weeks represent a sharp change in direction for an industry that went more than five years without a stock sale.

In the face of record-setting petroleum stockpiles, the U.S. retail diesel price average dipped 1.2 cents to $2.979 a gallon, the Department of Energy reported.

Ozburn-Hessey Logistics has named Scott McWilliams executive chairman of its board of directors and Bert Irigoyen chief executive officer, the company said in a statement.

Freight forwarder Clark Holdings said that its income fell to $649,000, or 8 cents per share, in the second quarter, compared with $751,000, or 7 cents, a year ago.

Mexico may rotate tariffs on U.S. goods until the Unites States resolves a dispute over Mexican Trucks’ access to U.S. roads, the Associated Press reported.

Ohio Gov. Ted Strickland’s (D) administration has proposed increasing weight limits for certain trucks in an effort to increase exports, the Associated Press reported.

More than 30 current and former FedEx Ground drivers brought a class-action lawsuit against the company last week in a federal court in Massachusetts, alleging that they were misclassified as independent contractors.

Oil fell almost $1 to below $73.50 a barrel Friday, a six-week low, on a continued uncertain economic outlook, Bloomberg reported.