Fleet Brake to Acquire Assets of Page Brake

Fleet Brake has entered into a binding letter of intent to acquire the assets of Page Brake Warehouse, a distributor of heavy-duty parts in the Rocky Mountain region since 1946, and its related entities.

Descartes Acquires GeoMicro

Descartes Systems Group, a logistics technology company, acquired GeoMicro Inc., a California-based provider of geographic information systems and commercial turn-by-turn navigation.

Tension rises between Moyano and the Government

Tensions between the government and the Truckers union increased with protest of dismissed workers from Camuzzi Gas Company in Puerto Madero, while the port workers blocked 9 de Julio Avenue.

Diesel and Gas Prices Drop For First Time in Three Weeks

For the first time in three weeks, average U.S. diesel and gas prices dropped, but only by less than a tenth of a cent for each. The current averages for diesel and gas are $3.848 and $3.389, respectively, down from last week’s $3.854 and $3.391.

DOE Projects Reduced Reliance on Foreign Oil

In an annual outlook, the U.S. Department of Energy says increased oil, natural gas and renewable energy production and energy efficiency improvements will reduce U.S. reliance on imported oil and other energy sources.