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PALM SPRINGS, Calif. — The head of truck and engine maker Navistar International Corp. said its 2007 models are more fuel efficient and perform better than 2006 models, in addition to being cleaner burning.

Garner Transportation Group co-founder and former American Trucking Associations Chairman Vernon Eugene Garner died Tuesday, following a lengthy bout with cancer. He was 69.

Rail intermodal traffic fell 7% last week and carload traffic dipped 1.1% compared with the same week last year, the Association of American Railroads said Thursday.

Panther Expedited Services said Wednesday it acquired Integres Global Logistics, a technology-based freight forwarding and logistics company. Terms were not disclosed.

An index of leading economic indicators fell last month by the most in more than a year, the New York-based Conference Board reported Thursday.

Initial jobless claims fell by 4,000 last week to the lowest level in more than a month, the Labor Department reported Thursday.

It seemed like such a simple and logical plan: As the nations of North America removed obstacles to the free flow of goods between them, the barriers impeding the trucks that move those goods also would be torn down.

For a sixth straight time, the Federal Reserve on Wednesday voted to keep the benchmark U.S. interest rate at 5.25%.

FedEx Corp. Wednesday said its fiscal third-quarter profit dipped 2% to $420 million or $1.35 per share, from $428 million or $1.38 a year earlier.