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FedEx Corp. Thursday reaffirmed its previous guidance of $1.40 to $1.50 per diluted share for its fourth fiscal-year quarter ending May 31.

April retail sales rose 1.4%, the Commerce Department reported Thursday, twice what economists had predicted.

The number of U.S. workers filing for initial unemployment benefits rose by 4,000 the week ended May 7, the third week of increases following three weeks of declines, the Labor Department said Thursday.

Senate Republicans joined Democrats Wednesday in rejecting a spending ceiling set by the White House for a six-year highway and mass-transit funding bill, news services reported.

Revised truck tonnage rates released Wednesday by American Trucking Associations showed a 0.2% drop in March, less than a preliminary 3.3% decline reported April 27.

Truckload carrier Werner Enterprises Inc. said Wednesday it was raising its quarterly dividend payment to 4 cents from 3.5 cents, a 14% increase.

Commercial vehicle component maker Accuride Corp., which went public April 26, reported first-quarter earnings Wednesday of $200,000 or 1 cent per share.

Covenant Transport Inc. said Wednesday its board had authorized it to repurchase up to 1.3 million shares of stock.

The Senate late Tuesday passed an amendment to the federal highway bill that would eliminate a 3-state toll pilot program created in 1998, American Trucking Associations reported on its Web site.

Industry leaders unanimously decried a proposed federal rule that would require thousands of tank trucks to be retrofitted with equipment to purge the pipes used for the unloading and loading of flammable liquids.