Business

YRC Worldwide’s shareholders approved a reverse split that would boost its per-share price by rolling each 300 shares held into one share.

UPS on Thursday announced an agreement to purchase Pieffe Group, an Italian pharmaceutical logistics company. Terms were not disclosed.

U.S. manufacturing activity jumped in November, showing continued expansion for a 28th consecutive month, the Institute for Supply Management said Thursday.

Construction spending rose 0.8% in October, the third straight monthly increase, the Commerce Department said Thursday.

Initial jobless claims increased by 6,000 last week to 402,000, the Labor Department said Thursday.

Third-party logistics provider Radiant Logistics will acquire Isla International, a company that specializes in shipments between the United States and Mexico, for $15 million.

General Electric Co. opened a new logistics center in Olive Branch, Miss., to distribute replacement wind turbine parts and solar technology components to customers in North and South America.

ATLANTA — Intermodal transportation is brimming with opportunities, suffering from routing limitations or possibly a mixture of both, industry officials said here.

Hino Trucks has signed a multi-year contract that makes Allison Transmission the exclusive supplier of transmissions for all Hino conventional trucks in the United States.