Business

C.H. Robinson Worldwide on Oct. 30 reported profit and sales declines that were worse than expected due to excess shipping capacity and waning demand.

Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and hinted they may be done loosening monetary policy, at least for one meeting.

Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.

President Donald Trump still hopes to ink a trade accord with Xi Jinping next month, even after plans were thrown into question Oct. 30 when Chile canceled an upcoming summit where the two leaders planned to meet.

The sheer volume of wind turbine blades, towers and other parts moving through Duluth, Minn., in 2019 surpassed record tonnage totals this week by reaching 306,000 freight tons.

Saia Inc. reported mixed third-quarter financial results Oct. 30, missing Wall Street’s expectations for earnings but surpassing analysts’ forecasts for revenue.

Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.

The U.S. Department of Agriculture on Oct. 30 announced its final interim rule supporting a 2018 hemp legalization law that will allow the interstate transportation of hemp without interference from the states.

WASHINGTON — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy.

MILAN — Italian-American carmaker Fiat Chrysler Automobiles on Oct. 30 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry, which is facing huge challenges with the transition to electric and autonomous vehicles.