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YRC Worldwide lost $158.7 million, or $2.67 a share, in the third quarter, compared with a loss of $720.9 million, or $12.58, a year ago.

Diesel engine maker Cummins Inc. said Friday its third-quarter profit fell 59% due to sharply lower demand for its engines and other products.

U.S. consumer confidence declined this month, according to the final Reuters/University of Michigan monthly consumer sentiment index released Friday.

Manufacturing activity in the Chicago region showed expansion in October, the Institute for Supply Chain Management-Chicago said Friday.

U.S. intermodal rail traffic fell 10.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

Consumer personal spending dropped in September for the first time in five months, the Commerce Department said Friday.

Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.

I agree — the economy is bad. Now let’s go out there and make some profit. As excess capacity continues to plague the less-than-truckload segment of the trucking industry with reduced revenues and profits, transportation executives are increasingly frustrated.

With National Truck Driver Appreciation Week approaching, American Trucking Associations is extending the deadline until Nov. 7 for submissions for its video contest on why professional truck drivers are essential to the U.S. economy.