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The U.S. gross domestic product rose at a 2% annual rate in the third quarter as consumer spending rose, the Commerce Department said Friday.

President Obama said Friday that federal authorities had uncovered a “credible terrorist threat” against the United States following the overseas discovery of U.S.-bound packages containing explosives aboard cargo jets, the Associated Press reported.

After months of anticipation and concern, the trucking industry finally got a look last week at the federal government’s first proposal to regulate the fuel-efficiency and carbon-dioxide output of commercial trucks.

Unfortunately, large LTL companies don’t believe drivers need to know what’s coming down the pike, so no information is shared. The contempt and disrespect toward drivers is very disturbing and is going to be a huge problem within six months.

Supply chain technology firm Intermec Inc. said its third-quarter net earnings loss was $6.9 million, or 11 cents per share, compared with a profit of $64,000, or zero cents, a year ago.

Initial jobless claims fell by 21,000 last week to the lowest level since early July, the Labor Department said Thursday.

A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.

German truck maker MAN SE’s third-quarter net income jumped to about $250 million, from $6 million a year ago, the company said Thursday.

Canadian transportation firm Mullen Group Thursday posted a third-quarter profit of C$28.4 million or 36 cents per share, compared with C$30.9 million, or 39 cents, a year ago.

Oshkosh Corp. said Thursday its fiscal fourth-quarter profit fell, due in part to discontinued operations.