Transport Topics
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The trucking industry added 700 jobs in August as the unemployment rate declined to 5.1%, a level that is considered full employment, the Labor Department reported Sept. 4.
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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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