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Manufacturing activity in the New York region expanded at a faster rate in February than January, the Federal Reserve Bank of New York said Tuesday.

The price of goods imported to the United States rose 1.5% in January, the Labor Department said Tuesday.

Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier.

President Obama’s proposed $129 billion Department of Transportation budget is for the first year of a comprehensive six-year transportation plan that will lay a new foundation for economic growth and competitiveness by rebuilding the nation’s transportation systems, DOT said Monday.

Wright Express Corp.’s fourth-quarter profit grew to $18.6 million, or 47 cents per share, compared with $12.1 million, or 31 cents, a year ealier.

Qualcomm Inc. said it has acquired Sylectus, a provider of fleet management software for small fleets.

Electronic commerce is a term associated most readily with consumer-oriented retail sales tools such as Amazon.com, eBay.com and the like, but the electronic transaction of commerce has been de rigueur for the trucking industry for years.

The price of diesel fuel, the lifeblood of the trucking industry, took another step up last week, the 10th week in a row that truckers have had to pay more to keep the freight — and the U.S. economy — moving.