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Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.

Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.

The U.S. economy’s service sector contracted in February, at a faster pace than the previous month, the Institute for Supply Management said Wednesday.

February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.

U.S. manufacturing activity showed a slight increase in January but still showed contraction, the Institute for Supply Management said.

Your story on the demise of RigMaster comes as no surprise in a sector of the truck market that has seen a drastic downturn of new business, mostly exacerbated by tightening of credit markets (2-9, p. 4).

American Trucking Associations said last week it was unveiling a new trailer for use in its image and outreach programs.

Transportation technology firm TransCore said Monday that it has launched a customer support and information Web site catered to trucking companies using Class 8 trucks.

Manufacturing activity in the Chicago region contracted in February for a fifth straight month, the Institute for Supply Chain Management-Chicago said Friday.