Factory Orders Rise, but Sector Still Struggling to Emerge From Slump
New orders for U.S. factory goods rose for a third straight month in September, but a further decline in order books suggested the manufacturing sector will struggle to emerge from a prolonged slump.
November 3, 2016Drug and Alcohol Clearinghouse Rule Gains White House Approval
The White House Office of Management and Budget on Oct. 31 completed its review of the final Commercial Drivers’ License Drug and Alcohol Clearinghouse rule.
November 3, 2016Consumer Comfort Climbs on Brighter Views About Economy
Consumer confidence increased last week to the highest in more than two months as Americans were more upbeat about the economy than at any time since early 2016, figures from the weekly Bloomberg News Consumer Comfort Index showed Nov. 3.
November 3, 2016XPO Logistics Reports 3Q Profit, Reversing Last Year's Losses
XPO Logistics reported a profit in the third quarter compared with a loss last year, another sign that the company has rebounded from the losses it suffered from since 2013.
November 3, 2016Love’s Subsidiary Expands DEF Bulk Rack Business
Musket Corp., the trading and logistics arm of Love's Travel Stops & Country Stores, opened its sixth diesel exhaust fluid wholesale bulk rack in Morrow, Georgia.
November 3, 2016Third-Quarter Productivity Increases by Most in Two Years
Worker productivity rose in the third quarter by the most in two years as the economy picked up steam, offering a respite from the weak efficiency gains that have defined the U.S. expansion.
November 3, 2016Stoughton Lease Opens Dallas-Area Branch
Stoughton Rental and Leasing Co. opened a location in suburban Dallas, one of nine such facilities across the country, it said.
November 3, 2016Jobless Claims Rise to Highest Level in Almost Three Months
Filings for U.S. unemployment benefits unexpectedly rose to the highest level in almost three months, extending increases from a four-decade low.
November 3, 2016Roadrunner Transportation Profits up 37%
Roadrunner Transportation reported net income rose 37% year-over-year to $7.9 million, or 21 cents per share, for the third quarter. One year ago, net income was $5.8 million or 15 cents. Revenues rose 7% to $532.2 million.
November 2, 2016N.Y. Authorities Seek $872 Million Fine Against UPS for Cigarette Shipments
New York city and state authorities urged a federal judge on Nov. 2 to impose a fine of $872 million against UPS Inc. for allegedly delivering untaxed cigarettes from smoke shops on Indian reservations.
November 2, 2016