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Ocean Group plc and NFC plc are exploring “a merger of equals” that would create one of the world’s largest providers of integrated logistics services.

Tensions remain high between household goods haulers and the military as the Department of Defense prepares to launch a new program revamping the way service personnel move.

This afternoon's headlines: VW likely to bid again for Scania If EU rejects Volvo deal; U.S. Pipe to cut some flatbed carriers; and Funds found for U.S. Customs' automated shipment-clearing system.

Surging gasoline prices are likely to thwart hopes that lower demand for heating oil will bring speedy relief in the cost of diesel fuel, as refiners move to maximize profits by producing more gasoline.

Congressional support for releasing oil from the Strategic Petroleum Reserve grew this week as lawmakers flocked to support a resolution urging the Clinton administration to take the action.

This Afternoon's Headlines: Ontario Trucking Assoc. asks truckers not to convoy; AWG, Teamsters don't appear to be close to agreement; and Ex-Tiger adds trucking company to his lineup.

Paccar Financial Corp. filed with the Securities and Exchange Commission to sell as much as $2.5 billion of senior debt securities.

Two organizations representing private and publicly owned truck driver training schools will hold a joint conference on March 17 in Orlando, Fla.

Some 3,000 trucking industry maintenance technicians are expected to attend the annual meeting of The Maintenance Council, scheduled for March 6 to 9 at the Opryland Hotel in Nashville, Tenn.

In the news this morning: Possible EU merger rejection threatens Volvo's truck strategy; Attempts to put Tenn. truckers in right lanes stalls; and Ohio Republicans seek higher weight limits in face of fuel crisis.