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Crude Oil, Diesel Prices Projected to Fall

Crude Oil, Diesel Prices Projected to Fall

In its Short-Term Energy Outlook report, the Energy Information Administration projects that Brent crude along with diesel prices will see a slight decrease in 2013 and 2014. EIA projects that the Brent crude oil spot price, which averaged $112 per barrel in 2012, will fall to an average of $105 per barrel in 2013 and $99 per barrel in 2014.

TEC Equipment Opens New Dealership Facility

TEC Equipment Inc. announced that it has acquired the Volvo Trucks North America franchise for the western Washington market, including Seattle and the surrounding Puget Sound area, as well as capital assets associated with the previous VTNA franchise holder

Freight Shipments Rise in November

The amount of freight carried by the for-hire transportation industry rose 1.7% in November from October, rising after a one-month decline. This information is according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index. The November 2012 index level (108.9) was 15.5% above the April 2009 low during the recession

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