ºÚÁϳԹÏÍø

Package-delivery company Velocity Express said Wednesday it has reached agreement to acquire CD&L Inc., also a package-delivery firm, for $3 a share.

Commercial research on producing diesel fuel from coal is showing some progress in light of high oil prices, the New York Times reported Wednesday.

Indiana finalized its leasing of the Indiana Toll Road in a $3.8 billion, 75-year lease plan to a foreign consortium of investors, the Associated Press reported.

The Port of Los Angeles wants to check shipping containers on site for dirty bombs or other terrorist threats amid fears that trucking the cargo miles away for inspection could endanger nearby populated neighborhoods and freeways, the Associated Press reported.

The University of Michigan’s final consumer sentiment index for June rose to 84.9 from a 79.1 last month as a decline in gasoline prices left consumers more to spend on other goods.

The National Assocation of Purchasing Management-Chicago's manufacturing index slowed to 56.5 in June from 61.5 last month, the group said Friday.

Surface trade among the United States, Canada and Mexico rose 5.9% in April compared with a year earlier, the Department of Transportation reported Thursday.

Consumer spending rose 0.4% in May, the smallest increase in three months, the Commerce Department reported Friday.

Bankrupt auto pars supplier Delphi Corp. won court approval to offer $135 million in buyouts to encourage more union workers to retire early, as part of an ongoing plan to cut labor expenses, Bloomberg reported.

SCS Transportation said Friday it has completed the sale of its Jevic Transportation truckload and less-than-truckload unit to an affiliate of Sun Capital Partners for $40 million.