Business

Weekly U.S. intermodal rail traffic rose 3.1% from the same period last year, the Association of American Railroads reported.

A.P. Moeller-Maersk A/S, owner of the world’s largest container line, said profit exceeded estimates despite a slump in freight rates.

China could be creating Asia’s biggest container shipping company through a merger of two titans. But the plan doesn’t address the central issue confronting the industry for at least five years now: too many ships, with too much cargo space, plying the seas.

Sales at U.S. retailers rose in July on growing demand for everything from cars to clothing, and a decline the previous month was wiped away, signaling consumers are propelling growth in the world’s largest economy.

Applications for unemployment benefits in the United States are hovering close to a four-decade low, a sign of muted firings and steady progress in the labor market.

Enterprise software provider Infor said it will acquire GT Nexus, a company that provides a cloud-based platform to about 25,000 businesses to manage global trade and transportation activities, for $675 million.

Interstate 35 in Austin, Texas, has been pegged as one of the nation's worst bottlenecks for traffic. But a new report says that contrary to perception, it's not large trucks that are at fault.

USA Truck is allowing its over-the-road driving team members to select when and where they take time off.

The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, declined in July, keeping in line with seasonal patterns, Cass Information Systems said.

The founder of Werner Enterprises, Clarence “C.L.” Werner, was re-elected chairman as his son, Gary, stepped down from the position to spend more time with his family, according to the company.