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The U.S. economy’s service sector expanded at a faster pace in November, the Institute for Supply Management said Friday.

U.S. factory orders decreased 0.9% in October, the first drop in four months, the Commerce Department said Friday.

The U.S. unemployment rate rose to 9.8% in November, while the total number of jobs and the number of trucking jobs increased, the Labor Department said Friday.

Greenbriar Equity Group raised its offer to buy out parcel courier Dynamex to $24 a share from $21.50 a share after an unidentified investor topped Greenbriar’s original offer and nearly derailed the private equity fund’s takeover effort.

TNT NV, the Netherlands-based package and mail delivery operator, said it would spin off Europe’s second-biggest express delivery service and keep the smaller mail division, Bloomberg reported.

The evidence continues to mount that 2011 will turn out to be a pretty good year for the U.S. economy in general and for trucking in particular.

Swift Holdings Corp., the new corporate name for carrier Swift Transportation, said it plans to raise as much as $1.01 billion this month in an initial public offering of shares that could be the largest ever for a truckload fleet.

American Trucking Associations last week asked the Pipeline and Hazardous Materials Safety Administration to facilitate the use of consolidation bins in transporting small packages of hazmat materials.