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U.S. payrolls rose by 113,000 in July and the unemployment rate rose to 4.8% from 4.6% the previous month, the Labor Department said Friday.

New, stricter federal stopping distance rules on the horizon may push growth in the market for disc brakes but not enough to surpass drum brakes as the dominant equipment in the market.

U.S. factory orders rose for a second straight month in June, rising 1.2%, the Commerce Department reported Thursday.

Express-1 Expedited Solutions Thursday reported a record $848,000 or 3 cents per share second-quarter profit, compared with a loss of $1.2 million or 5 cents a year ago.

The U.S. economy’s service sector growth declined in July, the Institute for Supply Management said Thursday.

Textile firm Avondale Mills Inc. has agreed to sell a plant and its trucking division, which will preserve about 200 jobs in Alabama and South Carolina, the Associated Press reported.

Oil companies, boosted by high crude and retail fuel prices, continued to turn record profits in the second quarter.

First-time U.S. jobless claims rose 14,000 to 301,000 last week, the Labor Department said Thursday.

UPS Inc. said Wednesday it opened its first retail centers in Shanghai, China, the first retail endeavor launched by the company in that country.

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter net income more than tripled to $14.5 million or 38 cents a share, from $4.6 million or 12 cents a year ago.