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Auto parts supplier Steel Parts Corp. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Eastern District of Michigan in Detroit last Friday, the company said Monday.

UPS and FedEx have been awarded contracts from the U.S. Air Force to help support the Civil Reserve Air Fleet program, the Associated Press reported Monday.

UPS Inc. and the Teamsters union began contract negotiations on Tuesday to replace an existing six-year deal that expires in July 2008, the parcel carrier said.

Real estate trust Hospitality Properties Trust will acquire TravelCenters of America for $1.9 billion, the highway services provider said Monday.

Schwarzenegger Signs California Hands-Free Cell Phone Bill • Honda, Japanese Lab, Partner on New Bio-Ethanol Technology • AtRoad Enters Reseller Agreement With Vodafone UK • Scuderi to Demonstrate Air-Hybrid Engine

Truckload carrier Schneider National and travel safety group Road Safe America last week filed a petition with the Federal Motor Carrier Safety Administration to require electronic speed governors to be set at no more than 68 miles per hour, Schneider said Monday.

As the federal government begins its certification process of 2007 diesel truck engines, fleet executives who have worked with test vehicles said the current switchover process is proceeding more smoothly than it did in October 2002, the last time the Environmental Protection Agency altered emission regulations.

Penske Logistics has launched a joint venture with Belgium’s ABX Logistics, under which the company will integrate its proprietary information technology systems with ABX’s global network, Penske said Monday.

Driver turnover rates declined in the second quarter, American Trucking Associations said Friday.

U.S. consumer prices rose 0.2% in August, following a 0.4% gain in July, the Labor Department reported Friday.