Business

Engine maker Cummins Inc. said Wednesday it has revised its previously announced fourth-quarter and full-year 2012 operating results down by $20 million, with net income reduced by $12 million, or 7 cents per share.

Housing starts fell 8.5% in January, on a drop in construction of multifamily units, the Commerce Department said Wednesday.

Prices paid to U.S. producers rose 0.2% in January, the first rise in four months, the Labor Department said Wednesday.

In-cab cameras, or dash-cams, aren’t all about roadside arrests or crazy stuff on Russian highways.

Wyoming Gov. Matt Mead (R) has signed a bill that will add a dime to the state’s 14-cent-per-gallon tax on diesel and gasoline.

Shippers, brokers and freight forwarders are using new data services and software programs to monitor more closely the safety, performance and financial health of freight haulers before committing to hire them — driven partly by concern about liability risks if they use a carrier with a poor record and partly by the sheer availability of data.

European package carrier TNT Express reported a fourth-quarter loss and said it would sell units in Brazil and in China, Reuters reported.

Two of the trucking industry’s technology suppliers, Trimble Navigation Ltd. and XRS Corp., recently reported improved financial results for the final quarter of 2012, while McLeod Software said its full-year sales reached a record high.

Panther Expedited Services said it appointed R. Louis Schneeberger the company’s new CEO, replacing former CEO Andrew Clarke, who resigned.