Business

Teamsters President James Hoffa said he is optimistic about reaching a contract agreement for the 238,000 union members at UPS Inc., Bloomberg reported.

U.S. employers added 132,000 jobs in June while the unemployment rate remained at 4.5%, the Labor Department reported.

The economy’s service sector growth rate grew at the fastest pace in more than a year in June, the Institute for Supply Management said.

Shell Limited, part of Shell Oil Co., broke ground late last month on a lubricants blending plant in southern China.

MGM Transport Corp. has been acquired by private-equity firm CF Holding Co. for an undisclosed sum, the Business Journal of the Greater Triad Area, in North Carolina, reported last week.

The Environmental Protection Agency proposed reducing the amount of ozone in the air, which trucking industry and manufacturing officials said could lead to retrofits of older trucks.

Rail carload and intermodal freight fell for the week ended June 30 compared with a year ago, the Association of American Railroads said.

The Ontario government will introduce legislation this fall to adopt a proposal put forward by the Ontario Trucking Association almost two years ago to make 65-mph speed limiters on trucks mandatory, OTA said last week.

This week’s issue of Transport Topics is the last one that will be produced at 2200 Mill Road in Alexandria, Va., the headquarters of American Trucking Associations, our owner, for almost 24 years.

The Volvo Group said late last month it will be participating in a joint environmental program between the U.S. and Swedish Governments.