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Employers added 110,000 workers to payrolls in February and the unemployment rate fell to 5.2% from 5.4% a month earlier, the Labor Department said Friday.

Canadian transportation firm Mullen Transportation Inc. said Friday it signed an agreement to acquire Tenold Transportation Services, based in British Columbia.

The Association of American Railroads said intermodal volume rose 1.2% to 211,228 trailers or containers in the week ended March 26.

Total air cargo shipments fell 1.3% in February compared with a year earlier, the Air Transport Association reported.

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.

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.

The Commerce Department said Friday that construction spending rose 0.4% in February to a record $1.05 trillion annual pace.

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.

Orders placed with factories rose 0.2% in February, the Commerce Department reported Thursday.

Manufacturing in the Chicago area increased in March, the National Association of Purchasing Management-Chicago said Thursday.