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The price of goods imported to the United States fell 4.7% in October, the largest drop since recording began in 1992, the Labor Department said Friday.

Retail sales fell 2.8% in October, the biggest drop on record, the Commerce Department said Friday.

Logistics executive Paul Lueck, a 27-year veteran of the transportation business, thought he’d seen it all before the silver-tongued con man from what turned out to be a fictitious Jonesboro, Ark., trucking company came calling last summer.

Deutsche Post, owner of DHL Express, said it would close the parcel carrier’s U.S. operations after an unsuccessful five-year, $10 billion attempt to crack into a $61.1 billion market dominated by UPS Inc. and FedEx Corp.

The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.

The U.S. trade deficit fell 4.4% in September, largely on a sharp drop in the price of oil, the Commerce Department said Thursday.

Werner Enterprises said Tuesday that its Board of Directors declared a special cash dividend of $2.10 per common share.

Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.