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Computer Sciences Corp. said it has won a pair of operations and logistics contracts from the U.S. Postal Service. The seven-year pacts have an estimated value of $83 million.

Ryder System has launched a new lease program that offers private companies the option to incorporate alternative fuel vehicles into their fleets.

Initial jobless claims decreased by 9,000 last week to 423,000, the Labor Department said Thursday.

FedEx Corp.’s fiscal first-quarter improved from a year ago, but the company trimmed its full-year earnings forecast slightly on higher fuel costs and a moderate economic growth outlook.

GRAPEVINE, Texas — The cost differential between natural gas powered trucks and their diesel versions is fast dissolving and will soon disappear, according to investor T. Boone Pickens.

Rep. Peter DeFazio (D-Ore.) has sent a letter to the Federal Motor Carrier Safety Administration demanding that the agency “address serious concerns about the safety of Mexican trucks on U.S. roads.”

ABF Freight System President and CEO Wesley Kemp will retire at the end of the year and be succeeded by Roy Slagle, ABF’s senior vice president of sales and marketing, the company said Wednesday.

Existing home sales jumped 7.7% in August to a five-month high, the National Association of Realtors said Wednesday.