Business

TransForce Inc., Canada's largest trucking company, said Friday it had a forth-quarter profit of C$35.6 million on higher revenue from its package delivery and specialized service segments, Reuters reported.

Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The Texas Transportation Commission has voted to lower truck tolls on two Austin-area highways in an attempt to encourage trucks to use them.

U.S. gross domestic product rose at a 2.8% annual rate in the third quarter, a smaller rate than the previous estimate, the Commerce Department said Friday.

General Motors Co. reported a profit Thursday of $510 million for the fourth quarter and a full-year profit of $4.7 billion for 2010, the first profitable year for the company since 2004.

Canadian transportation firm Mullen Group Thursday posted a fourth-quarter profit of C$33.2 million, or 42 cents per share, compared with C$11.1 million, or 14 cents, a year before.

Stoney “Mit” Stubbs Jr., CEO of Frozen Food Express Industries, will retire Monday, the company said.

New home sales decreased 13% in January, the Commerce Department said Thursday.

Initial jobless claims decreased 22,000 last week, the Labor Department said Thursday.

Durable goods orders rose 2.7% in January, the Commerce Department said Thursday.