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Germany’s MAN AG purchased 14.3% of rival Swedish truck maker Scania’s voting rights at a cost of $1.76 billion in a bid to gain leverage in its ongoing effort to create an alliance between itself, Scania and Volkswagen AG, Bloomberg reported Thursday.

Virginia’s Commonwealth Transportation Board approved on Thursday a study to ease traffic on Interstate 81 by transferring more freight to rails, the Associated Press reported.

First-time U.S. jobless claims rose 4,000 to 308,000 last week, the Labor Department said Thursday.

The U.S. trade deficit rose to a record $69.9 billion in August on soaring imports that widened the shortfall with China to an all-time high, the Commerce Department said Tuesday.

Goodyear Tire and Rubber Co. will lay off 330 hourly workers as part of a temporary idling of a North Carolina factory that manufactures steel wiring used in commercial truck tires, Bloomberg reported Wednesday.

Heavy rains on Wednesday closed 66 miles of highway in Alaska, cutting off the port of Valdez from roadways, the Associated Press reported.

Package delivery firm Velocity Express on Wednesday announced it has partnered with Bush Truck Leasing to offer a new equipment-leasing program to its independent contractors.

Economic activity continued to expand in late August through early October, but there were signs of deceleration in some districts, the Federal Reserve said Thursday in its latest “Beige Book” report.

Diesel fuel’s average national price fell 4 cents to $2.506 a gallon, the Department of Energy reported Monday.

In a deal announced Wednesday, Corning Inc. will supply components of the emission control system that engine manufacturer Cummins Inc. will use to meet the Environmental Protection Agency’s 2007 emission standards for diesel engines.