Business

Descartes Systems Group’s fiscal first-quarter net income rose to $2.2 million from $200,000.

Because transportation costs outweigh warehousing costs several times over and continue to rise, most companies think outside that big box called the warehouse when the topic is logistics and concentrate instead on how things get to their destination.

Canadian postal workers began a series of rolling strikes late Thursday night after talks with the government-owned postal agency failed to yield an agreement, Bloomberg reported Friday.

A 3.5-mile stretch of westbound Interstate 86 in New York state could remain closed for most of the summer due to a slope failure, the New York State Department of Transportation said.

Factory orders fell 1.2% in April, the largest drop in almost a year, the Commerce Department said Thursday.

Air and freight forwarder UTi Worldwide said Thursday its fiscal first-quarter profit fell to $8.7 million, or 8 cents per share, from $10.1 million, or 10 cents, a year ago.

U.S. workers’ productivity slowed in the first quarter and labor costs rose, the Labor Department said Thursday, as companies boosted employment to meet rising demand.

Initial jobless claims fell 6,000 to 422,000 last week, the Labor Department reported Thursday.

This year’s Atlantic hurricane season, which starts Wednesday, could produce more storms than usual and include three to six major storms, according to the U.S. Climate Prediction Center, Bloomberg reported.