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Swift IPO Set for This Month Could Top $1 Billion

Swift Holdings Corp. said it plans to raise as much as $1.01 billion in an initial public offering this month that could be the largest ever for a truckload fleet.

December 2, 2010

Jobless Claims Jump 26,000 for Week

Initial jobless claims rose by 26,000 last week, the Labor Department said Thursday.

December 2, 2010

Fed Reports Improving Transportation Demand in Many Areas

U.S. economic activity continued to improve between October and mid-November, and demand for transportation services increased in many areas, the Federal Reserve said.

December 2, 2010

Vitran Sells Truckload Unit Frontier Transport

Vitran Corp. said it sold truckload carrier Frontier Transport Corp. to Online Transport, an Indianapolis-based carrier, for about $5 million.

December 1, 2010

Construction Spending Rises 0.7% in October

Construction spending rose 0.7% in October, the Commerce Department said.

December 1, 2010

ISM Manufacturing Index Shows Continued Expansion

U.S. manufacturing activity slipped slightly in November but showed continued expansion for the 16th straight month, the Institute for Supply Management said Wednesday.

December 1, 2010

Companies Add More Jobs Than Forecast, ADP Says

U.S. companies boosted payrolls by the most in three years in November, propelled by increased hiring at small businesses, according to a private report released Wednesday.

December 1, 2010

3Q Productivity Revised Upward to 2.3%

U.S. workers’ productivity rose at a 2.3% annual rate in the third quarter, higher than previously estimated, the Labor Department said Wednesday.

December 1, 2010

NAFTA Surface Trade Rises 19.3% in September

Surface transportation trade among the United States, Canada and Mexico rose 19.3% in September from a year earlier, the Department of Transportation said.

November 30, 2010

Consumer Confidence Improves in November

Consumer confidence rose in November, the New York-based Conference Board said Tuesday.

November 30, 2010