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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.

Just a day after it said it would be sold for $38 a share to a group headed by its chief executive officer, transportation firm EGL Inc. said it had received a competing offer for $40 a share from another investment group.