Government

TransForce Inc.’s fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.

The U.S. economy rose at a 3% annual rate in the fourth quarter, up from a previously estimated 2.8%, the Commerce Department said Wednesday.

Bills introduced in the New York and New Jersey legislatures that would eliminate independent owner-operators in major segments of the trucking industry.

American Trucking Associations has defended the federal government’s moves to encourage the use of electronic onboard recorders among trucking fleets in a brief filed in federal court.

Surface trade among the United States, Canada and Mexico rose 11.6% in December from a year ago, the Department of Transportation said Tuesday.

Consumer confidence climbed this month to the highest level in a year, the New York-based Conference Board said Tuesday.

Once again, fuel prices are in the worrisome range, just as most of us are beginning to accept that the recession is really over and better times are ahead.

UPS Inc. said late last week it was continuing talks to buy European package carrier TNT Express, after the Dutch company rebuffed a $6.5 billion bid, sparking speculation that a higher price and other bidders, such as FedEx Corp., could emerge.

Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.