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Light sweet crude oil futures closed at $53.57 a barrel on the New York Mercantile Exchange Thursday.

USF Sells Reverse Logistics Unit • EGL's Profits Rise, Company Gains $6 Mln. in EEOC Settlement • Vitran Approved to Trade on Nasdaq • Jobless Claims Drop for Fourth Time in Five Weeks • And more...

The Transportation Security Administration has denied a petition by American Trucking Associations that sought to delay the agency’s plan to fingerprint drivers of hazardous materials, and that all states be required to use a single TSA-chosen contractor.

TAMPA. Fla. — Corrosion prevention, higher under-hood temperatures and truck-tire technologies were among industry trends covered in technical sessions at the Technology & Maintenance Council’s annual meeting here Feb. 15-18.

Several petroleum companies are exploring technology that would turn natural gas and coal into a liquid fuel that would have the efficiency of diesel fuel but would run cleaner, industry experts said.

CVSA, DOE Reach Accord on Nuclear Waste Shipments • Attorney General Backs Patriot Act Renewal • Calif. Senator Introduces Port-Security Bills • Canadian Trucking Alliance Backs Border Funding • And more...

Light sweet crude oil closed at $53.05 on the New York Mercantile Exchange Wednesday, the highest closing price since Oct. 26 when it was near a record, Bloomberg reported.

Horizon Lines Files for Initial Public Offering • January Air Cargo Shipments Rise 6.7% • U.S. Bank Buys Aviation, Trucking Card-Services Firm • Atlas Van Lines' Revenues Rise 12% in 2004

The Institute for Supply Management said Tuesday that its factory index slowed to 55.3 in February, from 56.4 in January, though the sector continued to expand.

Ten years after the federal government first explored the commercial applicability of performance-based brake testers, state safety in-spection agencies are evaluating technology that would replace time-consuming visual inspections currently in use to identify faulty brakes.