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A Washington court has struck down Initiative 695, the measure approved by voters in November that greatly reduced the state’s motor vehicle excise tax and required a public vote for all new tax and fee increases.

In the news this morning: Standard & Poor's upgrades Arkansas Best's credit rating; New York's Maher Terminals extend gate times; and Illinois CDL scandal fallout continues with 2 states revoking licenses.

The Surface Transportation Board has put a 15-month hold on new railroad mergers while it tries to fashion rules to prevent the problems that have attended the last two major consolidations.

This afternoon's headlines: Union Pacific abandons plans for Illinois railport; Senator Campbell gets an earful on fuel prices during truck-driving vacation; and Banc of America raises Werner Enterprises' stock rating.

Truckers for Heartland Express will soon be enjoying about a 2-cent-a-mile increase in pay when the Coralville, Iowa-based truckload carrier institutes pay raises March 18.

United Parcel Service’s tender offer to buy back as many as 100.9 million shares of restricted stock fell well short of that number, netting only 69.3 million shares.

This afternoon's headlines: Peterbilt cuts production because of gas prices; Government takes delivery of bulletproof rigs to haul nuclear weapons; and Illinois town board votes to oppose planned Union Pacific railport.

Trucking companies that hire Pennsylvanians are having to resort to unusual means to conduct pre-employment screening since the state revoked access to the state’s driver records for background-check provider DAC Services.

Fewer than 150 truckers pulled into Washington, D.C., March 16, to protest a number of ills plaguing owner-operators. And when they arrived, they found two groups engaged in a cat fight to represent them.

Ten-year highs for crude oil propelled diesel fuel prices to the highest on record, surpassing levels established in 1990 during Iraq’s invasion of Kuwait.