Transport Topics
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Applications for unemployment benefits were unchanged in the first week of November, signaling employers with a healthier appetite for hiring are also holding the line on firings.
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Deutsche Post AG's third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.
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Weekly U.S. intermodal rail traffic declined for the second consecutive week from the same period last year, according to the Association of American Railroads.
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Freight shipments declined last month to the lowest October level in four years, the Cass Information Systems index showed, including a 4.7% drop from September and a 5.3% decline from October of last year.
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