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Volvo AB will invest more than $240 million to expand engine and gearbox production in Europe, Bloomberg reported Friday.

The consumer price index rose 0.7% in May, the Labor Department said Friday.

The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.

New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.

Pipeline companies said avoiding contamination of ultra-low-sulfur diesel fuel is less a problem than originally thought, and that they have not had problems obtaining enough of the new fuel.

The U.S. heavy-duty truck fleet was about 4.8% larger at the end of the first quarter than it was in the comparable period last year, according to new data from R.K. Polk & Co.

Heavy-duty retail truck sales in the United States fell 51.7% in May from year-ago levels, the result of slowing freight demand and the impact of last year’s big pre-buy.

Industrial production was unchanged in May, the Federal Reserve said Friday.

John J. “Jack” Keller, who founded trucking software firm J.J. Keller & Associates, died Wednesday, Gannett Wisconsin Newspapers reported.