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The Ontario Teacher’s Pension Plan on Friday agreed to pay Hong Kong’s Orient Overseas $2.35 billion for four North American container terminals, Bloomberg reported.

In the news this morning: Crude prices drop after Thanksgiving holiday; DaimlerChrysler to add 5,000 commercial truck jobs in Germany; FedEx's Smith recovering from heart surgery; and more.

Billionaire investor Kirk Kerkorian filed suit Monday against DaimlerChrysler for more than $9 billion, saying the giant German vehicle manufacturer deceived shareholders when it bought Chrysler Corp. in 1998, news services reported.

This afternoon's headlines: Ontario truckers threaten election-day fuel protests; Airborne Express to offer electronic document delivery; Isuzu reports losses due to competition; and more to come.

Today's technology headlines: PanAmSat satellite ceases transmissions; UK mobile phones to carry health warnings; satellite Internet access aimed at remote areas; and more.

Federal lawmakers are moving on several fronts to push rapid government adoption of high-tech identification systems to prevent terrorism.

TTNews.com will be closed Thursday and Friday in observance of the Thanksgiving holiday. Please check back on Monday, Nov. 28, for the latest trucking news.

The Truckload Carriers Association passed a resolution encouraging members to hire drivers who have passed training courses certified by TCA’s Professional Truck Driver Institute.

In the news this morning: Crude oil supplies rise, prices fall; DaimlerChrysler to idle three plants; Trimac shareholders approve privatization plan; and more.

FedEx Corp.’s $1.2 billion purchase of American Freightways Corp. will create a super-regional less-than-truckload carrier that both brings some consolidation to a sector of the industry and issues a fresh challenge to transportation powerhouse and rival United Parcel Service.