Business

The number of applications for unemployment benefits barely rose in the week ended Sept. 10, indicating employers remain comfortable with staffing levels.

Trucking leaders are gathering in a familiar city for American Trucking Associations’ Management Conference & Exhibition, but the annual meeting will have a new feel as the federation moves forward under new leadership.

The Port of Wilmington is closely watching as one of its clients — South Korean company Hanjin Shipping —attempts to fight its way back from the brink of bankruptcy.

UPS Inc. plans to hire 95,000 seasonal employees for jobs to run between November and January because of the shipping surge during the holiday shopping season, the company announced Sept. 14.

U.S. import prices fell for the first time in six months in August on declining petroleum and food costs, pointing to a tame inflation environment that could encourage the Federal Reserve to keep interest rates steady. 

Morning shows throughout the country will be broadcasting live via satellite from Jet Express headquarters in Dayton, Ohio, during the week of Sept. 11-17 to note National Truck Driver Appreciation Week.

WASHINGTON — Volvo Trucks North America unveiled its version of SuperTruck for inspection here by Energy Secretary Ernest Moniz on Sept. 13, saying its VNL 670 highway tractor demonstrates an 88% gain in freight efficiency and an extra 70% in fuel efficiency.

Radiant Logistics Inc. reported a loss of $5.6 million, or 11 cents per share, for the 12-month fiscal year that ended June 30.

Less-than-truckload carrier FedEx Freight purchased more than 100 compressed natural gas tractors and installed a fueling station to serve the new CNG fleet at its Oklahoma City Service Center, it said.

U.S. net trailer orders fell 37.6% year-over-year as some fleets remained cautious about adding equipment and cancellations increased, according to ACT Research Co.