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Overall trucking freight volumes fell 2.4% on a seasonally adjusted basis to 115.5 in February, according to an updated American Trucking Associations index released Tuesday.

Members of the Federal Reserve’s Open Market Committee said they had become more concerned about the recent elevated levels of inflation, according to the minutes of the FOMC’s March 22 meeting released Tuesday.

Truckload carrier P.A.M. Transportation Services Inc. said late Monday its board of directors had authorized the company to repurchase up to 600,000 shares of its common stock over the next six months.

The U.S. trade deficit rose to an all-time high of $61 billion in February, the Commerce Department reported Tuesday.

Thirty-three U.S. governors are seeking to expand federal mandates for the use of ethanol as a fuel additive, the Wall Street Journal reported Tuesday.

American Trucking Associations said last week it had named John McKinnon regional vice president for the mid-South, comprising North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky and Tennessee.

The head of the Federal Motor Carrier Safety Administration said the agency opposed a congressional measure that would require shippers to pay a fuel surcharge to truckload carriers.

Retail fuel prices hit record highs for a fourth straight week Monday, with diesel rising 1.3 cents to $2.316 and gasoline jumping 6.3 cents to $2.28 a gallon, the Department of Energy reported.

CNF Inc., parent of less-than-truckload company Con-Way Transportation Services, said Monday that its first-quarter earnings would be stronger than previously estimated.

The average retail price of regular gasoline rose 19 cents in the past three weeks to a record $2.29 a gallon as of April 8, according to the latest Lundberg Survey of filling stations nationwide.