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Click here to write a Letter to the Editor. he Department of Energy said diesel prices would average $2.29 this year — 26% higher than last year’s $1.81 average price. Gasoline will average $2.21, about 17% higher than last year’s $1.85 average, DOE said.

Click here to write a Letter to the Editor. resident Bush signed the $286.4 billion transportation bill into law Wednesday near Aurora, Ill., news services reported.

The average price of U.S. retail diesel rose 5.9 cents to $2.407 a gallon, just 0.1 cent behind the all-time record set July 11, and gasoline prices surged to a record high, the Department of Energy reported Monday.

Tank truck carrier Quality Distribution reported late Monday a second-quarter profit of $2.7 million or 14 cents a share, compared with a loss of $7.9 million or 42 cents last year.

Inventories at U.S. wholesalers rose 0.7% in June, the Commerce Department said Tuesday. It was the 17th straight rise in stockpiles.

Yellow Roadway Corp., which acquired fellow less-than-truckload carrier USF Corp. in May, has reportedly reached a $7 million settlement with workers laid off when USF closed its Red Star unit last summer.

Click here to write a Letter to the Editor. .S. workers’ productivity grew at a 2.2% annual rate in the second quarter, the Labor Department reported Tuesday.

The new energy law signed by President Bush Monday will add four weeks of daylight-saving time beginning in 2007, news services reported.

Click here to write a Letter to the Editor. rude oil prices hit a new record in overnight trading on the New York Mercantile Exchange, rising to $64.27 a barrel, the first time prices have topped $64, Bloomberg reported.