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Crude Oil Prices Fall Following Positive Inventory Reports

Crude oil prices fell to their lowest level in two weeks following positive inventory reports from the Department of Energy that supplies were holding strong.

July 20, 2005

Congress Set to Approve Daylight-Saving Time Extension

Congress is set to increase U.S. daylight-saving time by two months, to run from March to November, in a move to save energy, the Wall Street Journal reported Tuesday.

July 19, 2005

FedEx Freight Opens Five New Service Centers

FedEx Corp.’s less-than-truckload unit FedEx Freight said Tuesday it was opening of five new service centers as part of a strategic expansion throughout the United States.

July 19, 2005

SCS Reports Higher 2Q Profit; Reiterates Lower '05 Outlook

SCS Transportation late Monday reported a first-quarter profit of $5.8 million or 38 cents a share, up from $5.5 million or 36 cents a year earlier.

July 19, 2005

Werner Reports Improved Second-Quarter Income

Truckload carrier Werner Enterprises Inc. said late Monday its net income for the second quarter grew 17% to $25.3 million or 31 cents a share, up from $21.6 million or 27 cents a year earlier.

July 19, 2005

U.S. Housing Starts Unchanged in June

The level of housing starts was unchanged in June from May’s rate, the Commerce Department reported Tuesday.

July 19, 2005

Ford's Profit Falls 19% in Second Quarter

Ford Motor Co. Tuesday reported its profit dropped 19% as North American auto operations lost money on falling car and truck sales.

July 19, 2005

Crude Oil Prices Rise Slightly; Emily Bypasses Most Gulf Oil Rigs

After falling in early trading, crude oil prices rose slightly Tuesday as Hurricane Emily was bearing down on the Mexico-Texas border and forecast to miss most U.S. oil rigs in the Gulf of Mexico, Bloomberg reported.

July 19, 2005

D.C. Will Put Security Cameras on Freight Rail Tracks

Click here to write a Letter to the Editor. fficials plan to install hundreds of surveillance cameras and sensors to detect intruders along a freight rail line that runs through Washington, D.C., the Washington Post reported Saturday.

July 18, 2005