Business

Heavy-duty engine manufacturers blasted the U.S. Environmental Protection Agency last week for allowing Navistar Inc. to pay penalties to sell engines that do not comply with 2010 emissions standards, saying the agency did not follow the law in determining the penalties.

At least one major motor carrier said it had a truck fire related to a defect in Detroit Diesel engines that was the subject of a recent recall, but other fleets using the Detroit engines made by Daimler Trucks North America either didn’t comment or said they had not experienced problems.

Diesel prices continued to climb, as the national average price rose by 2.9 cents to $4.123 a gallon last week, according to the Department of Energy.

Oil rose almost $2 Friday to finish the week over $107 a barrel, on signs that the U.S. economy was rebounding, Bloomberg reported.

XPO Logistics said it has commenced a $126 million public offering of 8 million shares of its common stock.

Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Industrial production was unchanged in February as factory output increased at the slowest pace in three months, the Federal Reserve said Friday.

The consumer price index rose 0.4% in February as gasoline prices increased, the Labor Department said Friday.

DHL Express said it will spend $47 million to upgrade its U.S. package express and cargo sorting facility and capability at the Cincinnati area airport.