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Crude Oil Closes Above $51 a Barrel

Benchmark light sweet crude oil futures rose slightly Thursday to close at $51.01 a barrel on the New York Mercantile Exchange, Bloomberg reported.

May 26, 2005

New ºÚÁϳԹÏÍø Sales Rise 0.2% in April to Record Pace

The number of new home sales exceeded expectations for a second straight month, rising 0.2% to a record high annual rate of 1.316 million, the Commerce Department reported Wednesday.

May 25, 2005

Durable Goods Orders Rise 1.9% in April

U.S. orders for durable goods rose 1.9% in April, the Commerce Department reported Wednesday.

May 25, 2005

Oakland Port Drivers Protest Over Lack of Parking

Click here to write a Letter to the Editor. rotesting truckers blocked parts of downtown Oakland, Calif., with their rigs Monday in protest of Port of Oakland plan to take away needed parking spots near the docks, the Daily Review newspaper reported.

May 25, 2005

Yellow Roadway Lowers 2Q Outlook Following USF Deal

Yellow Roadway Corp. lowered its second-quarter income forecast by 2 to 3 cents a share following its purchase of USF Corp., which closed Monday, Bloomberg reported.

May 25, 2005

Hours-of-Service Rule Not in Highway Bill

The Senate's $295 billion highway funding bill did not include a provision making the current driver hours-of-service rule permanent. That means including the HOS rule in the final bill is unlikely, but not impossible, according to congressional staff and observers.

May 25, 2005

Petro Stopping Centers Reports 1Q Profit on Higher Fuel Costs

Petro Stopping Centers LP reported it earned $781,000 for the first quarter, compared with a loss of $7.6 million last year.

May 25, 2005

Cleveland Considers Restricting Hazmat Shipments by Railroad

A Cleveland city councilman introduced legislation prohibiting shipments of certain hazardous materials by rail through the city’s downtown and lakefront area along Lake Erie.

May 25, 2005

ATA Cites Driver Shortage in New Report

Click here to write a Letter to the Editor. merican Trucking Associations said in a report issued Wednesday that the U.S. long-haul trucking industry is short 20,000 drivers and that the shortage could get worse in coming years.

May 25, 2005