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An unprecedented wave of exports, mostly to Russia, has cushioned a downturn in the Class 8 used-truck business, which has been hurt by high fuel prices and a weak freight market, according to industry executives.

New home sales fell to a 17-year low in March, the Commerce Department said Thursday.

Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.

Canada Post Corp. and FedEx Express Canada have developed a new priority worldwide international express service, the two said Wednesday.

Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.

Arkansas Best Corp.’s first-quarter profit jumped 78% to $8.5 million, or 34 cents a share, from $4.8 million, or 19 cents, a year earlier.

The New Hampshire Senate passed a bill that would require law enforcement to provide a 5% overweight “tolerance” for most trucks on non-interstate roads.

I am interested in the feedback on fuel prices displayed in “Letters to the Editor.” Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.