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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, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Retail Fuel Prices Fall Slightly From Records
The average U.S. retail price of diesel fuel fell 1.6 cents to $2.392 a gallon, the Department of Energy reported Monday, and gasoline also fell off its record set a week earlier.
July 19, 2005Congress 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, 2005FedEx 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, 2005SCS 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, 2005Werner 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, 2005U.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, 2005Ford'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, 2005Crude 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, 2005D.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