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February Air Cargo Shipments Fall 1.3%
Total air cargo shipments fell 1.3% in February compared with a year earlier, the Air Transport Association reported.
April 1, 2005DOT Approves U.S. Carriers Rights for China Flights
FedEx Corp., UPS Inc., Northwest Airlines and Polar Air Cargo were each formally awarded three additional cargo flights to China starting in 2006 by the U.S. Department of Transportation.
April 1, 2005Crude Oil Prices Reach Another Record
Crude oil prices reached an all all-time high Friday on concerns that rising demand may outstrip refinery production during peak demand season this summer, news services reported.
April 1, 2005Construction Spending Rises 0.4% to Record Rate
The Commerce Department said Friday that construction spending rose 0.4% in February to a record $1.05 trillion annual pace.
April 1, 2005Celadon Group Expects Higher 1Q Profits
Truckload carrier Celadon Group Inc. said Friday it expected its first-quarter earnings to be in the range of 24 cents to 26 cents per share.
April 1, 2005February Factory Orders Rise 0.2%, Commerce Reports
Orders placed with factories rose 0.2% in February, the Commerce Department reported Thursday.
March 31, 2005Chicago Manufacturing Activity Rises in March
Manufacturing in the Chicago area increased in March, the National Association of Purchasing Management-Chicago said Thursday.
March 31, 2005Personal Spending, Incomes Rise in February
Personal spending increased for an eighth straight month in February, rising 0.5%, the Commerce Department said Thursday.
March 31, 2005Intermodal Firm Trailer Bridge Reports 4Q, Annual Profit
Trailer Bridge Inc., a provider of integrated trucking, intermodal and marine freight services, reported fourth-quarter net income of $1.3 million or 11 cents a share, compared with a net loss of $1.9 million or 19 cents a year earlier.
March 31, 2005Initial Jobless Claims Jump by 20,000, Labor Dept. Says
The number of U.S. workers filing for unemployment benefits for the first time rose by 20,000 in the week ended March 26, the Labor Department reported Thursday.
March 31, 2005