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Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.

U.S. workers’ productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.

Initial jobless claims fell to their lowest level in a year, the Labor Department reported Thursday.

American Trucking Associations Immediate Past Chairman Charles “Shorty” Whittington is attending the White House’s economic forum Thursday, which is being billed as a “jobs summit.”

Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.

FedEx Corp. said late Thursday it will raise its standard list rates for its FedEx Ground and FedEx ���ϳԹ��� Delivery units by an average of 4.9%, effective Jan. 4.

Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.

Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.

U.S. auto sales improved year-over-year in November for the first time this year without a government-backed stimulus plan involved, a signal that buyers are returning to showrooms as the economy stabilizes, Bloomberg reported.