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Oil prices reached a record $58.28 high in intraday trading Monday before receding to close at $57.01, Bloomberg reported.

Canadian holding company Clarke Inc. reported fourth-quarter earnings of about $430,000 or 7 cents a share, compared with a loss of $2.8 million or 40 cents a year earlier.

Power2Ship Inc., a technology company that provides supply-chain tracking and logistics information to trucking companies, said it purchased truckload carrier Commodity Express Transportation for an undisclosed sum.

The Institute for Supply Management said Friday that its factory index slipped to 55.2 in March, down from 55.3 in February, though the sector continued to expand.

The University of Michigan’s final consumer sentiment index for March fell to 92.6, the lowest since October, following a 94.1 reading in February.

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.