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Chicago Manufacturing Index Shows Contraction

Manufacturing activity in the Chicago region improved in May but showed contraction showed for a fourth straight month, the National Association of Purchasing Management said Friday.

May 30, 2008

Diesel Soars Another 22.6¢ to Record $4.723

Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.

June 2, 2008

U.S. Refineries Restricting Diesel Supplies

U.S. diesel prices roared past gasoline in September, reversing the historic pattern because rising demand for diesel, coupled with the weak dollar, has led refiners to export the fuel even as their use of refinery capacity is at a four-year low, according to market experts.

June 2, 2008

Weak U.S. Dollar Boosting Export Freight

NEW YORK — U.S. freight carriers are reaping benefits from the weaker dollar as export shipments climb within North America and overseas.

June 2, 2008

NAFTA Surface Trade Rises 1.5%

Surface trade among the United States, Canada and Mexico rose 1.5% in March from a year earlier, though imports by truck fell, the Department of Transportation said Thursday.

May 29, 2008

First-Quarter GDP Revised Up to 0.9%

The U.S. economy grew at a 0.9% annual rate in the first quarter, more than the 0.6% first reported last month, the Commerce Department said Thursday.

May 29, 2008

Frozen Food Express to Slow Fleet’s Speed to 62 MPH

Refrigerated truckload carrier Frozen Food Express Industries said Thursday it will lower the maximum speed of its trucks to 62 miles per hour, from 65 mph, in an effort to save money on fuel.

May 29, 2008

Durable Goods Orders Fall 0.5%

Durable goods orders fell 0.5% in April, the Commerce Department said Wednesday.

May 28, 2008

UPS to Handle DHL’s North America Air Service

UPS Inc. said Wednesday it will provide air transportation in North America for competitor DHL Express, as DHL works to cut costs.

May 28, 2008