Transport Topics
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UTi Worldwide Inc.'s fiscal 2016 second-quarter loss more than tripled to $70.6 million, or 70 cents per share, reflecting a decline in revenue and profit margin in its forwarding and other supply chain businesses.
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Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings.
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Consumer confidence in the United States eased last week, with Americans becoming more pessimistic about the state of the economy as global financial markets turned south.
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The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.
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