Business

Kenan Advantage Group said it reached an agreement to purchase bulk hauler Transport Service Co. for an undisclosed sum.

The centerpiece of the Transportation Security Administration’s program to screen employees entering ports looks just like most access cards or identifications one would carry in his or her wallet.

Trucking software provider TMW Systems said 2007 was a record year for the company’s revenue, product releases, new customers and consecutive quarterly growth.

Citations issued by the California Air Resources Board for engine emission control labels that are missing or have been tampered with now carry penalties of as much as $800, the agency said.

The New York Supreme Court earlier this month upheld the constitutionality of the 2005 Graves Amendment, a federal law that eliminates vicarious liability nationwide.

Growth of the U.S. heavy-duty truck fleet decelerated in the fourth quarter, as freight carriers, led by large fleets, continued to put off buying new equipment in the face of a possible recession, according to truck registration data from market research firm R.L. Polk & Co.

Long Beach officials last week put finishing touches on a sweeping, unprecedented set of rules aimed at dramatically cutting emissions from the 17,000 drayage trucks working at the huge California container port, rejecting the plan’s most controversial feature that would have forced independent owner-operators to work for larger carriers.

U.S. retail diesel prices soared 11.6 cents last week to a national average of $3.396 a gallon, the highest level since early December, the Department of Energy reported.

Two years after it was first announced, the federal government has begun a full rollout of its plan to provide high-tech, secure identification for workers in and around America’s ports.

Universal Truckload Services, Warren, Mich., said it earned about $4.8 million, or 30 cents a share in the fourth quarter of 2007, down from $5.3 million, or 33 cents, in the previous quarter.