Transport Topics
Gain in Retail Sales Suggests Slowdown Was Temporary
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A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.
    
    
        
    
    
        Four-Month High in Consumer Sentiment to Sustain Spending
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A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
    
    
        
    
    
        It's Back to Steady for US Economy as Retail Sales, CPI Rise
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Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
    
    
        
    
    
        Uber Adds Trucking Brokerage Firm Amid Longhaul Push
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SAN FRANCISCO - Uber Technologies Inc. hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the longhaul trucking industry.
    
    
        
    
    
        FedEx Targeted in Cyber-Attack as Hackers Hit Companies Across Globe
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FedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems.
    
    
        
    
    
        
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