Business

Swift Transportation reversed course after reporting third-quarter earnings were up 4.7% year-over-year to $38 million on Oct. 24, lowering the number to $24 million, or a 34% decline lower than a year ago.

Convoy Inc., a Seattle-based startup with designs on becoming an Uber for trucking, has struck its biggest deal yet — with consumer goods giant Unilever NV.

Gasoline in New York jumped the most in almost eight years, and its premium to crude prices soared 60% after an explosion and fire Oct. 31 in Alabama shut the largest fuel pipeline in the United States, killing one person and injuring more. Traders rushed to book cargoes from Europe.

A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers such as the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by overcapacity.

A new container service connecting the Port of Wilmington in North Carolina to Asia commenced this month, Gov. Pat McCrory announced Oct. 31.

Joining a growing list of cities in California, San Diego announced Oct. 27 that its municipal vehicle fleet will become the largest in the nation to embrace renewable diesel — from street sweepers to refuse packers to fire trucks.

America’s factories barely expanded in October as faster production cushioned a slowdown in orders that signals the manufacturing sector is plodding along.

While total construction outlays unexpectedly dropped 0.4% in September, the values of nonresidential projects and home building used to calculate gross domestic product were higher than the Commerce Department assumed in its first estimate of third-quarter growth.

Online parts supplier FinditParts launched an expedited shipping program to guarantee second-day delivery on select heavy-duty truck and trailer parts.