���ϳԹ���

Renault SA, France’s second-largest automaker, is selling a 14.9% stake in Volvo AB valued at 3.15 billion euros, or about $4.4 billion, Bloomberg reported.

Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.

Long known for its simplistic and low-tech approach to logistics, the trucking industry fortunately has begun to realize how valuable technology can be in improving productivity and boosting efficiency throughout a company.

Truck component maker ArvinMeritor Inc., Troy, Mich., unveiled a wired “intelligent” axle system that optimizes lubrication during operation. It may improve fuel economy in heavy trucks equipped with the technology, the company said.

P.A.M. Transportation Services said it sold its brokerage operation in Paulsboro, N.J., which did business as East Coast Transport & Logistics.

Companies in the U.S. unexpectedly cut 39,000 jobs in September, according to estimates by ADP Employer Services, Bloomberg reported Wednesday.

American Trucking Associations has filed an amicus brief with the U.S. Supreme Court in a case that pits the railroads against the State of Alabama’s fuel tax system.

The Department of Transportation has proposed changes to heavy-duty truck tire safety standards, the first such proposal in 37 years.

California Gov. Arnold Schwarzenegger (R) and the state’s legislature have reached tentative agreement on a budget that could lead to the reopening of seven highway rest areas on Interstates 10, 15 and 40.