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The consumer price index was unchanged in February, the Labor Department said Thursday.

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

FedEx Corp. said Thursday its fiscal third-quarter profit and revenue increased from a year ago, citing an improving global economy.

I’ve just returned from my third trip to China in the past five years and continue to be amazed by — and envious of — the high-growth economy there.

Swift Transportation Co. has ordered 3,100 dry van trailers from Wabash National Corp., with deliveries scheduled to be spread over 12 months, the companies said.

Third-party logistics firm Ozburn-Hessey Logistics said that it has hired Greg Sanders as president of transportation services within its North American unit.

Schneider National said it has fitted about one-quarter of its 12,000 tractors with new onboard computers in a fleetwide rip-and-replace that, for the first time, will bring graphical navigation and electronic driver logs to every truck.

The Petroleum Equipment Institute is conducting a survey to ascertain the extent of corrosion in petroleum-dispensing equipment that stores ultra-low-sulfur-diesel fuel.

Oil rose past $82 a barrel Wednesday following an OPEC statement that world demand is rising, though the group said it would hold output levels steady, Bloomberg reported.