Wednesday, January 17, 2018
Business
Productivity falls in second quarter; June wholesale slows

Productivity falls in second quarter; June wholesale slows

WASHINGTON — Worker productivity dropped this spring for the first time in more than a year, a sign that companies may need to step up hiring if they hope to grow.

Panther Expedited to raise $100 million in public offering

Panther Expedited to raise $100 million in public offering

SEVILLE, Ohio — Panther Expedited Services Inc. will look to raise $100 million in an initial public offering, the company said Monday.

More worried about recovery, Fed takes small steps

More worried about recovery, Fed takes small steps

WASHINGTON — More worried about the strength of the economic recovery, the Federal Reserve took a small step Tuesday to give it a boost.

TA posts $1.2 million profit; voices concern over Pilot, Flying J merger

TA posts $1.2 million profit; voices concern over Pilot, Flying J merger

WESTLAKE, Ohio — TravelCenters of America LLC, which operates the TA and Petro brands, reported a $16 million improvement for the second quarter, turning a $1.2 million profit after posting a $15 million loss the year before. TA lost more than $40 million in the first quarter.

U.S. Xpress CEO takes delivery of his 50,000th Freightliner truck

U.S. Xpress CEO takes delivery of his 50,000th Freightliner truck

CHATTANOOGA, Tenn. — In 1974 when he was put in charge of purchasing for his father’s company, Southwest Motor Freight, Max Fuller bought his very first Freightliner truck.

Little relief seen for state and local layoffs

Little relief seen for state and local layoffs

WASHINGTON — An injection of $26 billion in federal aid won’t be enough to save the jobs of more than a half million people who work for state and local governments or for companies that do business with them.

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