Diesel dipped 1.1 cents to $3.858 a gallon, its fourth consecutive decline and lowest price in eight months, the Department of Energy reported July 28.

TransForce Inc. said it will buy fellow Canadian carrier Contrans Group Inc. for about C$495 million.

Turnover at large truckload carriers rose slightly to 92% in the first quarter, holding above 90% for the ninth straight quarter, American Trucking Associations reported July 9.

The International Longshore and Warehouse Union and the Pacific Maritime Association said their labor contract, which expired June 30, will remain in place while the sides take a 72-hour break in their negotiations this week.

Navistar International Corp. has amended its stockholder rights plan, essentially turning it into a tax asset-protection plan that guards the long-term value of the original equipment manufacturer’s tax assets.

Diesel rose for the first time in eight weeks, gaining 3.7 cents to $3.919 a gallon, and gasoline rose for the fourth time in five weeks, the Department of Energy reported June 23.

Component makers Meritor Inc. and Eaton Corp. announced June 23 that Eaton will pay $500 million to a Meritor joint-venture unit to resolve a 2006 antitrust lawsuit.

Diesel will average $3.90 a gallon this year, the Department of Energy said, boosting its most recent price forecast by 4 cents.

Diesel’s national average price fell 2.6 cents to $3.892 a gallon, the sixth straight downturn and biggest decline in more than a year, the Department of Energy reported June 9.

Navistar International Corp. announced June 5 that its fiscal second-quarter loss narrowed from a year ago as its Class 8 truck orders and market share improved.