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Chicago Manufacturing Index Gains

Manufacturing activity in the Chicago region rose in September, the National Association of Purchasing Management said Friday.

September 28, 2007

NAFTA Surface Trade Rises 10.5%

Surface trade among the United States, Canada and Mexico jumped 10.5% higher in July from a year earlier, though truck trade declined, the Department of Transportation said Thursday.

September 27, 2007

CN Buys Midwest Rail Line

Canadian National Railway Co. has agreed to buy most of the Elgin, Joliet & Eastern Railway Co. from U.S. Steel Corp. for $300 million to add capacity and bypass Chicago-area congestion, Bloomberg reported.

September 27, 2007

Jobless Claims Fall to Four-Month Low

Initial jobless claims fell to a four-month low last week, the Labor Department said Thursday.

September 27, 2007

Oil Rises Past $81 a Barrel

Two days after closing at below $80 for the first time in more than a week, oil futures crept past $81 a barrel on concerns a tropical depression could affect Gulf of Mexico oil production, Bloomberg reported.

September 27, 2007

FMCSA to Track Mexican Trucks

The Federal Motor Carrier Safety Administration said Thursday it would be tracking Mexican trucks participating in a cross-border trucking program with satellite technology.

September 28, 2007

Oakland Port May See Backlog

The Port of Oakland could see a backlog of up to a week following the death of a dockworker killed on the job, news reports said Wednesday.

September 26, 2007

U.S. Xpress ‘Neutral’ on Buyout Offer

U.S. Xpress Enterprises said Wednesday today that its board “is expressing no opinion and is remaining neutral†about an acquisition offer to take the truckload carrier private for $20.10 a share.

September 26, 2007

Durable Orders Drop by Most in 7 Months

Durable goods orders in August saw their biggest drop in seven months, the Commerce Department said Wednesday.

September 26, 2007