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Priority and express volumes at U.S. Postal Service declined during the organization’s fiscal third quarter, while parcel post shipments increased slightly, the postal service said.

Goodyear Tire and Rubber Co., Akron, Ohio, said Tuesday it appointed Mark Schmitz its new chief financial officer.

Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.

Wright Express, which provides payment processing and information management services to the trucking industry, reported Tuesday it earned $18.3 million, or 45 cents a share in the second quarter, compared with $9.9 million or 24 cents in 2006.

About 425 drivers and dock workers at USF Reddaway, a unit of less-than-truckload carrier YRC Worldwide, have ratified a new labor contract with the Teamsters, the union said Tuesday.

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

General Motors Corp. on Tuesday closed the sale of its Allison Transmission commercial and military business to buyout firms Carlyle Group and Onex Corp., Bloomberg News reported.