Business

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UPS Inc. on Wednesday said it has acquired Kiala, a European company that provides delivery options to consumers purchasing goods over the Internet. Terms were not disclosed.

TransCore Link Logistics on Wednesday announced it has expanded its database of loads and equipment posted throughout North America by integrating live data from multiple load board sources.

Confidence among U.S. homebuilders climbed more than anticipated in February to the highest level since May 2007, pointing to an improving outlook for construction, Bloomberg reported Wednesday.

Industrial production was unchanged in January despite an increase in factory output, the Federal Reserve said Wednesday.

Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.

American Trucking Associations asked a federal appeals court on Tuesday to review the Federal Motor Carrier Safety Administration’s recently published hours-of-service rule, citing “changed assumptions” by the agency that went into developing the rule.

Goodyear Tire & Rubber Co. reported a fourth-quarter profit compared with a loss a year earlier, as sales rose for the quarter and full year.

President Obama has included $330 million for programs to combat distracted driving in his six-year transportation spending plan, as part of the administration’s proposed 2013 budget.