Business

U.S. industrial production rose at a slower pace in November as factory output moderated following the biggest advance in more than seven years that reflected a hurricane-related surge, Federal Reserve data showed Dec. 12.

Wabash National Corp. CEO Dick Giromini will step down June 1 and be succeeded by President and Chief Operating Officer Brent Yeagy, one of several announcements made by the Lafayette, Ind., trailer manufacturer Dec. 15.

The Transportation Services Index is climbing slowly but has not returned to the rapid growth seen before the recession, according to the Bureau of Transportation Statistics, which released a technical note on freight transportation services Dec. 15.

It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.

Technology has made it easier than ever to buy gifts online and track the spoils of your spending spree as they make their way from retailers’ warehouses to your doorstep in time for the holidays.

Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Amazon.com Inc. by speeding the rollout of same-day shipping.

Hunter Harrison has taken a medical leave from his position as CEO and president of CSX, the company announced Dec. 14. The railroad gave no details other than saying the leave was due to “unexpected complications from a recent illness.”

With the federal electronic logging device mandate now in effect, some freight brokers are surveying their carriers about compliance with the rule, taking a proactive step now to help prevent supply chain disruptions later, logistics executives said.

U.S. retail Class 8 sales climbed in November, as analysts expected, and cleared 17,000 units for the third consecutive month, according to WardsAuto.com.