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Federal Reserve officials, as they have in previous meetings, said inflation was their top concern at their meeting in late January, according to the minutes of the meeting released Wednesday.

Sweden-based truck maker Volvo AB has agreed to buy Japan’s Nissan Diesel Motor Co. for $1.1 billion to add production in Asia, Bloomberg reported Tuesday.

A strike by Canadian National Railway workers stretching into its second week has Canadian federal officials concerned and the federal government has appointed a mediator to try to solve the dispute, Bloomberg reported.

Satellite radio rivals XM Satellite Radio Holdings and Sirius Satellite Radio are seeking to merge their operations but may face antitrust hurdles in completing such a deal, news reports said Tuesday.

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ARLINGTON, Va. — The new chairman of the Senate Finance Committee told directors of American Trucking Associations last week that he supported creation of federal financial incentives to help fleets purchase new, cleaner-burning diesel engines and auxiliary power units.

ARLINGTON, Va. — American Trucking Associations said last week it would become more vocal in its support for increased fuel efficiency in heavy trucks and ratified an agreement with the biodiesel industry to promote that fuel at the federal level.

Most major truck engine manufacturers said they are now testing prototypes of engines developed to meet the federal government’s 2010 diesel engine emission standards. Two of them said they will have engines available for testing next year.

For anyone who operates a commercial truck, there is little doubt about the importance of the vehicle’s fuel efficiency — especially in this era of historically high diesel and gasoline prices.