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Vehicle parts manufacturer Eaton Corp. said Tuesday its second-quarter net earnings jumped 35% led by more acquisitions, but the company trimmed its earnings forecast for the year.

Oil futures saw their biggest single-day drop in 17 years Tuesday, falling more than $6 to close the trading day at $138.74 a barrel, the Associated Press reported.

Despite fuel prices zooming toward the outer edge of our galaxy, ours is a nation of crowded highways and busy people who don’t like trucks getting in their way.

President Bush Monday lifted an executive order banning offshore oil drilling, but the move still needs congressional action to take effect.

American Trucking Associations asked Congress to implement a comprehensive plan to address the soaring price of diesel fuel and ensures an affordable fuel supply for the nation’s 3.5 million truck drivers.

Less-than-truckload carrier YRC Worldwide said it named Phil Gaines president of its Yellow Transportation unit, and Ken Bowman senior vice president of finance.

Dockworkers at West Coast ports are staging slowdowns by coordinating their break times, as the union representing them continues to negotiate a contract after the previous one expired July 1, the Wall Street Journal reported Monday.