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UPS Inc. said late Monday that Chief Financial Officer Scott Davis was given the additional position of vice chairman and announced the retirement of John Beystehner, the company’s chief operating officer.

New diesel-engine rules set to take effect Jan. 1 could turn down sales of big rigs by as much as 40% from this year’s level, but there may another sales boom in 2008 in advance of further rules set to take effect in 2010, the Wall Street Journal reported Monday.

Navistar International Corp.’s top official said Friday that the company, which has been struggling to get its financial statements on schedule, may be open to buyout offers, Reuters reported.

Federal officials Friday released proposals for a railroad-security plan they said would reduce chances of a terrorist attack, but the proposal drew criticism from Democratic lawmakers who said the rules do not go far enough, news reports said.

SmarTire’s First-Quarter Loss Narrows • DHL Enhances Route-Optimization System • Lockheed Martin Forms Supply Chain Service Group

Average retail gasoline prices rose 2 cents over the past two weeks to $2.29 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

As new diesel standards took effect in 2006, refiners and fuel retailers said the nationwide transition to ultra-low-sulfur diesel was smoother than expected, despite concerns that the new fuel would cause supply shortages in some parts of the United States.

FedEx Corp. said Monday it bought domestic British transportation firm ANC for $234 million.

Less-than-truckload carrier YRC Worldwide late Thursday lowered its fourth-quarter and full-year earnings guidance due to a slower economy and reduced volumes.

Truckload carrier USA Truck said Friday that its 2006 earnings will be below last year’s level because of “significantly” lower freight demand in the fourth quarter.