91ÊÓƵ

Ryder System said it will acquire Transpacific Container Terminal Ltd. and CRSA Logistics Ltd., as well as CRSA’s operations in Hong Kong and Shanghai, China.

Saia Inc. has reduced its workforce by 5% because of a decline in shipping demand, Bloomberg reported.

Auto parts maker Delphi Corp. unveiled a new reorganization plan, telling unsecured creditors they now will recover 39%, compared with a 100% recovery under the original plan, Bloomberg reported Monday.

Trucking industry leaders gathering in New Orleans this week at American Trucking Associations’ annual Management Conference & Exhibition will hear from experts on topics including the current financial turmoil, the upcoming elections, and preparations for next year’s highway bill and the 2010 engine emissions rules.

The California ports of Los Angeles and Long Beach formally launched their clean-trucks programs last week without any apparent major glitches, although activity at some terminals was initially reported to be lighter than usual, with fewer trucks showing up at the gates.

The investment group that sought to lease the Pennsylvania Turnpike has withdrawn its bid, citing political opposition and uncertain financial markets, and leaving the state without a solution to its infrastructure funding problems.

The average price of retail diesel fuel rose 0.1 cent last week to $3.959, following 10 straight weeks of declines, according to the De-partment of Energy.

Less-than-truckload carrier YRC Worldwide said Friday it has drawn $325 million from its revolving credit facility to redeem notes due Dec. 1 and May 1.

The U.S. economy’s service sector declined but showed expanded in September, the Institute for Supply Management said Friday.

U.S. payrolls fell by 159,000 in September and the unemployment rate held at 6.1%, the Labor Department said Friday.