Danzas shareholders approved the $1.1 billion sale of their company to the German post office, Deutsche Post, creating one of the world’s largest freight transportation groups.

PARIS — Volvo AB has broken off negotiations to acquire its Swedish rival, Scania.

Danzas shareholders approved the $1.1 billion sale of their company to the German post office, Deutsche Post, creating one of the world’s largest freight transportation groups.

United Parcel Service says its decision to be the first express distribution company to offer customers billing in Europe’s new currency, the euro, is paying off.

The European Union Transport Commissioner is urging member nations to develop a new global satellite navigation and positioning system to compete with U.S. and Russian systems.

United Parcel Service Europe is considering a joint venture with archrival Deutsche Post, the German post office, to establish the first fully independent, private, long-distance rail freight operation in Europe.

Freightliner Corp. and its parent company, Daimler-Benz AG, claim that in 1991 the Environmental Protection Agency explicitly condoned the same electronic emissions controls that the agency later called “defeat devices.”

United Parcel Service Europe is considering a joint venture with archrival Deutsche Post, the German post office, to establish the first private, long-distance rail freight operation in Europe.

In the aftermath of AB Volvo’s agreement to sell its car division to Ford Motor Co., a semantic argument has erupted over a rival $13 billion bid for all of Volvo by Italian car and truckmaker Fiat.

AB Volvo will use the $6.5 billion Ford will pay for its passenger car division to expand its truck and other commercial products businesses, according to Volvo spokesman Stefan Lorentzson.