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The U.S. Postal Service said it will close or consolidate 223 mail processing centers and eliminate up to 35,000 jobs as part of a cost-cutting strategy, Reuters reported Friday.

Saia Inc. said its fourth-quarter operating income increased more than three fold to $6.2 million, from $1.8 million in the prior-year period.

Supply chain technology firm Intermec Inc. reported a fourth-quarter loss of $21.6 million, or 36 cents per share, compared to a profit of $7.9 million, or 13 cents, a year ago.

Con-way Inc.’s fourth-quarter profit jumped as its truckload, less-than-truckload and logistics operations all improved.

Qualcomm Inc. said its fiscal first-quarter net income rose 20% to $1.4 billion, or 81 cents per share, from $1.2 billion, or 71 cents, a year ago.

After battling rivals and rising costs for years, Northeast regional truckload hauler Atkinson Freight Lines has shut its doors.

New home sales dipped 0.9% in January after hitting a one-year high the previous month, the Commerce Department said Friday.

Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

Universal Truckload Services reported higher fourth-quarter and full-year profits on higher truckload revenue.

We are near the end of many years and 150 million miles of trucking in the northeastern United States.