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Transportation News Headlines

UPDATE 1-Chrysler executive says fuels key to success

Research and development in fuel alternatives for gasoline should be the auto industry's top priority, even in a weakened economy, and even if it means companies delay expanding or other expensive strategic decisions, the president of Chrysler LLC said on Tuesday.

Norfolk Southern quarterly profit rises

U.S. railroad Norfolk Southern Corp said on Tuesday its quarterly net profit rose with strong prices offsetting the effects of slowing U.S. economic growth, weak freight volumes and high oil prices.

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