Noise while driving

[mulchman61]

Hi guys. I have a 2007 Ford ranger with 5 speed manual and a 3.0 engine.
I am having a issue with a noise coming from the rear of the truck radiating throughout the truck. I removed the rear drums and everthing looks normal.
The noise increases with the speed of the truck. Can anyone tell how best to check the wheel bearings and related parts. Also the ABS light is on. can this be related on seperate problems. Any input would be helpfull.
Thanks

 

[adsm08]

Pull the fill plug out of the rear end and look at the magnet.