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ABX Air Applies For Nasdaq Listing

Air cargo carrier ABX Air Inc. said Wednesday it applied for listing on the Nasdaq National Market.

April 6, 2005

FMCSA Says Transport Groups Prefer Incentives Over Penalties

The Federal Motor Carrier Safety Administration said that people with interests in commercial transportation would prefer safe-operations incentives that emphasized rewards over those with punishments.

April 6, 2005

CN Orders 75 New High-Powered Locomotives

Canadian National Railway said Wednesday it ordered 75 new high-horsepower locomotives from two builders.

April 6, 2005

Crude Oil Falls Following DOE Inventory Report

Crude oil fell Wednesday for a third straight day after the Department of Energy issued its weekly inventory reports showing strong oil stocks, Bloomberg reported.

April 6, 2005

ATA Reports Industry Consensus on Roadability Legislation

American Trucking Associations said its Intermodal Motor Carriers Conference has reached consensus with other groups on intermodal equipment standards, known as roadability.

April 5, 2005

UPS Sets New Returns Service

UPS Inc. said Tuesday it has begun accepting returned packages at its 40,000 drop box locations, making it easier to send back online purchases.

April 5, 2005

Motor Fuel Prices Set Records for Third Straight Week

Diesel and gasoline again broke records Monday, both climbing more than 5 cents a gallon to new highs, the Department of Energy said.

April 5, 2005

Hawk Corp. Increases First-Quarter Earnings Guidance

Brake and transmission products supplier Hawk Corp. said Tuesday it was increasing its first-quarter net sales and operations income guidance due to strong markets including in heavy-duty trucking.

April 5, 2005

FHWA Says Boston’s ‘Big Dig’ Project Safe But Needs Work

A Federal Highway Administration interim report on leaks in Boston’s Central Artery Tunnel project concludes that the project is structurally sound but recommends that work continue with inspections and repairs.

April 5, 2005

Crude Oil Prices Fall Following Greenspan Comments

Crude oil prices fell Tuesday following Federal Reserve Chairman Alan Greenspan's comments that the current oil-market "frenzy" may soon moderate, Bloomberg reported.

April 5, 2005

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