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March orders for heavy trucks were at the highest since May 2006, a sign that freight shipments are rising and trucking companies feel more comfortable spending money.
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German holding company TUI said it is advancing preparations for the initial public offering of container shipping company Hapag-Lloyd while seeking an anchor investor for the company at the same time.
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A report about the 2010 crash of a United Parcel Service jumbo jet in Dubai carrying large numbers of rechargeable lithium batteries highlights the fire dangers of such cargo, and how quickly smoke can spread into the cockpit and incapacitate pilots.
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House Republicans, undeterred by a veto threat from the White House, approved a bill Friday that would cut Federal Aviation Administration spending and curb the ability of airline workers to unionize.
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The Japanese earthquake and tsunami will have a modest impact on first quarter U.S. corporate earnings, but the tragedy's effects pose new strains on an economic recovery.
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