Business

UPS Inc. expects holiday shipping volume to rise 11% to 585 million packages from last year, enough packages to circle the earth 4½ times.

C.H. Robinson Worldwide Inc. said its third-quarter net income climbed 16% from a year ago, supported by higher truckload rates and increased less-than-truckload shipments.

Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., posted 20% profit growth in the third quarter and cited a stronger freight environment for its customers.

Cummins Inc. reported higher third-quarter income on a strong North American market, and the company boosted its revenue outlook for the full year.

Less-than-truckload carrier Saia Inc. reported third-quarter net income increased as tonnage and shipments rose.

P.A.M. Transportation Services reported third-quarter net income of $5 million, or 63 cents per share, from $2.4 million, or 28 cents, the prior year.

Blueberries from Chile, Peru and Brazil may soon be heading toward U.S. tables via Savannah, Georgia, opening another shipping market in the city’s emergence as a major trade hub.

Confidence among U.S. consumers rose in October to a seven-year high as gasoline prices dropped and the job market improved.

Orders for durable goods dropped unexpectedly in September, falling for a second month, on waning demand for machinery and computers that signals companies are reluctant to invest in updating equipment.