Business

Canadian federal and local authorities have green-lighted environmental plans for the Detroit River International Crossing project, part of a plan for a new proposed bridge crossing between the U.S. and Canada.

Third-party logistics firm Saddle Creek Corp. said it acquired logistics firm ServiceCraft Logistics, Buena Park, Calif.

U.S. intermodal rail traffic fell 6.4% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.

The U.S. economy’s service sector contracted last month, the Institute for Supply Management said Thursday.

American Trucking Associations Immediate Past Chairman Charles “Shorty” Whittington is attending the White House’s economic forum Thursday, which is being billed as a “jobs summit.”

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.

A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.

U.S. workers’ productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.

Initial jobless claims fell to their lowest level in a year, the Labor Department reported Thursday.