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Mayor Martin Chavez has appointed a task force to study how effectively Albuquerque’s red-light cameras are reducing the number of traffic crashes, the Associated Press reported.

Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.

Initial jobless claims fell by 11,000 last week to 330,000, the Labor Department said Wednesday.

Federal Reserve officials lowered their growth forecast and said that they remain concerned about the credit market during their Oct. 30-31 meeting, Bloomberg News reported.

Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.

Mark Zaluski was one of the lucky ones. At 3:10 p.m. on Oct. 25, his rig occupied one of only 16 truck parking spaces on the north side of a travel plaza off Interstate 94 about 40 miles north of Chicago.