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Canadian National's 2Q Income Falls 16%

Canadian National Railway said late Monday its second-quarter net income fell 16% to C$387 million, or 82 cents a share, from C$459 million, or 95 cents, a year ago.

July 21, 2009

Caterpillar’s Profit Drops; Boosts ’09 Forecast

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit fell by two-thirds, but boosted its full-year earnings forecast.

July 21, 2009

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009

Marten Reports Higher Second-Quarter Income

Refrigerated truckload carrier Marten Transport’s second-quarter net income rose 29.1% to $4.5 million, or 20 cents a share, from $3.5 million, or 16 cents, a year ago.

July 21, 2009

FedEx Expands Hybrid Fleet

FedEx Corp. said it has added 92 hybrid-electric trucks to its delivery fleet, the first standard FedEx delivery trucks converted to hybrid-electric systems.

July 21, 2009

Oklahoma to Raise Tolls 16% in August

Tolls on Oklahoma's turnpikes will increase by 16% beginning Aug. 4, the Associated Press reported.

July 20, 2009

Leading Indicators Rise for Third Month

An index of leading economic indicators rose 0.7% in June, the third consecutive increase, the New York-based Conference Board said Monday.

July 20, 2009

I-75 Near Detroit Expected to Reopen Monday

A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.

July 20, 2009

Oil Rises to Two-Week High Near $65 a Barrel

Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.

July 20, 2009

Eaton’s 2Q Profit Declines

Vehicle parts manufacturer Eaton Corp. said Monday its second-quarter profit fell 91% and that its full-year earnings would be less than previously forecast due to slowing demand in Europe.

July 20, 2009