Business

UPS Inc. said its planned $6.5 billion purchase of Netherlands-based TNT Express will be completed in the first quarter of 2013, to allow European Union regulators additional time to review the deal.

ABF Freight System said it will appeal an unfavorable decision in its lawsuit against YRC Worldwide and the Teamsters Union over contract issues.

Trucking companies once were happy if an asset-tracking system could simply identify a truck’s location on a map.

U.S. workers’ second-quarter productivity rose at a faster pace than originally reported, the Labor Department said Wednesday.

Jones Motor Group has formed a new division in its logistics company that will act independently to expand multimodal and brokerage operations.

FedEx Corp. lowered its earnings forecast for its recently ended fiscal first quarter, saying that weakness in the global economy constrained its revenue growth.

American Trucking Associations said Wednesday it has endorsed Vigillo LLC’s Daylight Driver Index, a driver scoring system that describes a driver’s Federal Motor Carrier Safety Administration record using Compliance, Safety, Accountability  program data.

The California Air Resources Board has approved changes that give heavy-duty diesel engine manufacturers more time to comply with “technology forcing” regulations that require advances to engine onboard diagnostics systems that monitor nitrogen oxide emissions levels and particulate matter filter and sensor malfunctions.

Construction spending fell in July for the first time in four months, the Commerce Department said Tuesday.