This fixed mine.
2006 Cummins-equipped trucks limited to 45 MPH:
F650/750s with the Cummins engine and manula transmission may have an illuminated check engine light with diagnostic code 242. When this code is present, vehicle speed is limited to 45 MPH.
Cam Position Sensor Recall 07S57:
1997 through 2008 model year Ford trucks and vans are being recalled for replacement on the camshaft position sensor (CMP). Affected parts are the old black sensor with the gold-colored retainer. The CMP will be inspected and replaced, if applicable, with the new gray sensor with silver retainer (P/N F7TZ-12K073-B). If the trcuk already has the gray sensor, it will be released with no repair. If you have already paid to have the gray sensor installed (either warranty deductable or out of warranty), reimbursment is available. Instructions for reimbursment will be included with the recall letter. If you had the CMP replace recently and the old black sensor was installed, you MAY be eligable for reimbursement. Due to the high volume of affected vehicles, new sensor may not be in stock. I advise you call the dealership before going in.
2004-2008 F650/750 No ECM/TCM Communications
This may be caused by corrosion or poor connection in the power/ground circuits. The following connectors should be repaired:
Connectors 9260 and 9261 check for ground;