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August Import Prices Rise 1.3%, But Remain Flat Without Oil

The cost of goods imported into the United States rose 1.3% in August, the Labor Department reported Friday.

September 9, 2005

Yellow Lowers Guidance; Names New Roadway President

Click here to write a Letter to the Editor. ellow Roadway Corp. said Thursday that it lowered its third-quarter earnings guidance in part due to the impacts of Hurricane Katrina.

September 9, 2005

Oil Prices Decline During Week, But Supply Concerns Linger

The price of crude oil closed at $64.08 a barrel on the New York Mercantile Exchange Friday, down 5.2% from post-storm highs the week before, but analysts were still concerned about future supplies, Bloomberg News reported.

September 9, 2005

Bush Signs Massive Hurricane Aid Package

President Bush signed a $51.8 billion emergency appropriation to fund the recovery and relief efforts in the wake of Hurricane Katrina, Bloomberg News reported.

September 9, 2005

Rail Freight, Intermodal Rise Despite Hurricane

Click here to write a Letter to the Editor. .S. railroad freight traffic rose for week ended Sept. 3 despite damage caused to rail lines by Hurricane Katrina, the Association of American Railroads said.

September 9, 2005

Air Cargo Shipments Fall in July

Total air cargo shipments dropped 1.7% in July compared with a year earlier, with domestic shipments falling by 5%, the Air Transport Association said late Thursday.

September 9, 2005

Ohio to Tax Trucking Firms Based on Gross Receipts

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Many trucking companies based in — or operating in — Ohio could see their annual income tax liability increase significantly because of a new state tax law that is replacing the corporate franchise tax with a gross receipts tax, trucking officials said.

September 9, 2005

Ophelia Weakens off Florida Coast, Could Still Strike U.S.

Hurricane Ophelia was downgraded to a tropical storm by the National Hurricane Center Friday, but forecasters said it would regain hurricane status and could strike the U.S. as soon as next week, the Associated Press reported.

September 9, 2005

Crude Oil Price Falls Following DOE Inventory Report

Click here to write a Letter to the Editor. rude oil prices continued to fall Thursday as oil and gasoline inventories last week dropped less than analysts had expected, Bloomberg reported.

September 8, 2005

Katrina's Impact Could Slow Economy by 1%, CBO Says

Click here to write a Letter to the Editor. urricane Katrina could lead to the loss of 400,000 jobs, cut economic growth by as much as a 1% this year and result in a 40% spike in gasoline prices, according to a report by the Congressional Budget Office issued Wednesday.

September 8, 2005