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UPS Says Almost 200 Employees Take Voluntary Buyout Package

UPS Inc. said Wednesday that almost 200 of its employees accepted a voluntary early-retirement buyout package that will cost the company about $80 million.

February 28, 2007

January Truck Tonnage Index Declines 3.6%, ATA Says

American Trucking Associations’ advanced seasonally adjusted truck tonnage index fell 3.6% in January following an increase in December, ATA said Tuesday.

February 27, 2007

Diesel Price Jumps 6 Cents to $2.551 in Fourth Straight Gain

Retail diesel fuel’s national average price rose for a fourth straight week, jumping 6 cents to $2.551 a gallon, the Department of Energy said Monday.

February 27, 2007

Quality Distribution’s 4Q Income Flat; Full-Year Improves

Tank truck carrier Quality Distribution’s fourth-quarter profit was $6.2 million or 31 cents a share, compared with $6.2 million or 32 cents for the previous fourth quarter.

February 27, 2007

Volkswagen Boosts Stake in MAN by $1.6 Billion

Volkswagen AG has boosted its stake in German truck maker MAN AG to 29.9% from 20%, as part of an effort to create Europe’s largest truck maker in a combination including Swedish competitor Scania AB, Bloomberg reported Tuesday.

February 27, 2007

Durable Goods Orders Drop 7.8% in January

Durable goods orders posted their biggest decline in three months, falling 7.8% in January, the Commerce Department reported Tuesday.

February 27, 2007

Volvo to Buy Ingersoll Rand’s Road-Development Business

Volvo AB has agreed to buy Ingersoll Rand Co.’s road building-equipment unit for $1.3 billion, in a deal that would make it the world’s third-largest maker of construction equipment, Bloomberg reported Tuesday.

February 27, 2007

Consumer Confidence Rises to Five-Year High

Consumer confidence reached the highest level in five years, the New York-based Conference Board said Tuesday.

February 27, 2007

January Existing ºÚÁϳԹÏÍø Sales Rise 3%

Existing home sales rose 3% in January, the National Association of Realtors said Tuesday.

February 27, 2007

FedEx to Upgrade Retirement Plans for Most Employees

FedEx Corp. said Tuesday it has set new measures aimed at modernizing the retirement plans for most of its employees, including enhancing its 401(k) plans.

February 27, 2007