Transport Topics
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Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.
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Household spending rose less than forecast in October, showing the biggest part of the U.S. economy was off to a slow start heading into the holiday-shopping season.
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Orders for U.S. business equipment climbed more than forecast in October, indicating steady domestic demand is encouraging corporate investment even as global sales waver.
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Canadian technology provider Descartes Systems Group announced a $29.5 million acquisition of Oz Development Inc., which helps small to midsize companies automate logistics.
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