Business

While other carriers were debating whether to buy even one Class 8 truck with a 2007 EPA-certified engine, Mike Hasinec at Penske Truck Leasing Co. was knee-deep in testing 2007 engine performance.

President Bush will include provisions to help ease traffic congestion in his budget blueprint Monday, the Wall Street Journal reported.

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

Volvo AB said its fourth-quarter profit jumped 24% due to an increase in sales in Eastern Europe, Bloomberg reported Friday.

Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.

U.S. payrolls rose by 111,000 in January and the unemployment rate rose to 4.6% from 4.5%, the first increase in three months, the Labor Department said Friday.

Ryder System’s fourth-quarter profit rose 12% to $65.8 million or $1.08 cents a share, from $58.8 million or 92 cents a year earlier.

Less-than-truckload carrier YRC Worldwide said late Thursday it earned $46.5 million or 80 cents a share in the fourth quarter, compared with $76.8 million or $1.30 a year earlier.

Factory orders jumped 2.4% in December on higher demand for business equipment, motor vehicles and aircraft, the Commerce Department said Friday.

U.S. consumer confidence rose to a two-year high in January, according to the University of Michigan’s monthly consumer sentiment index released said Friday.