Oil fell more than $2.50 Wednesday to finish the trading day at a seven-week low $101.47 a barrel, following a report that crude inventories took their biggest jump in four years, Bloomberg reported.
April 4, 2012BusinessLogistics
Rails Coax Brokers, Shippers to Fill Trains Via Intermodal
SAN ANTONIO — Transportation brokers have an underused opportunity to move freight via intermodal shipping, but those rail shipments can require special attention, several industry experts said.
April 5, 2012BusinessLogistics
3PL Leading Edge Acquires C&F Logistics
Third-party logistics company Leading Edge Logistics announced its acquisition of C&F Logistics. Terms were not disclosed.
April 5, 2012BusinessLogistics
XPO Opens Operations Office in North Carolina
XPO Logistics said it has opened its new North American operations center in Charlotte, N.C.
April 5, 2012BusinessLogistics
Tornado Damages Schneider Terminal Near Dallas
A tornado that touched down in the Dallas-Fort Worth area on Tuesday caused extensive damage to equipment at a Schneider National terminal, the company said.
April 4, 2012Business
Auto Sales Jump 13% in March
U.S. sales of cars and light trucks rose 13% in March, sending the industry to the best pace since the first quarter of 2008, as buyers sought more fuel-efficient models, Bloomberg reported.
April 4, 2012Business
Great Dane Expanding Corporate Offices
SAVANNAH, Ga. — Great Dane Trailers on Wednesday broke ground on a major expansion of its corporate offices here.
April 4, 2012Business
West Virginia Bans Texting, Handheld Cellphone Use While Driving
West Virginia Gov. Earl Ray Tomblin signed a bill Tuesday banning texting and handheld cellphone use while driving in the state.
April 4, 2012BusinessLogistics
Great Dane Opens Trailer Manufacturing Plant in Georgia
STATESBORO, Ga. — Great Dane Trailers officially opened a new plant here this week to produce refrigerated trailers, the ninth production facility for the company.
April 3, 2012BusinessSafetyGovernmentFuelLogisticsAutonomous
Quality Distribution Buys Energy Logistics Firm
Tank truck carrier Quality Distribution said late Monday that it has purchased Trojan Vacuum Services, a transportation provider for the oil and gas industry in the Eagle Ford shale region in Texas.
April 3, 2012