Diesel fell for the first time in 10 weeks, dipping half a cent to $4.142 a gallon, while gasoline rose for the 10th straight week, the Department of Energy said Monday.
April 3, 2012BusinessLogistics
Rail Logistics Partners with Interstate Distributor for Drayage Service
Rail Logistics and Interstate Distributor Co. on Tuesday announced a new partnership for drayage service at the Port of Quincy intermodal terminal in Washington state.
April 3, 2012Business
Factory Orders Rise in February
Factory orders rose 1.3% in February, the third increase in four months, the Commerce Department reported.
April 3, 2012BusinessFuel
New CNG Station Opens in Oklahoma
Apache Corp., an oil and gas exploration and production company, has opened a public-access compressed natural gas fueling station in Tulsa, Okla.
April 3, 2012Business
Connecticut to Consider Toll Options on I-95
Connecticut is preparing to conduct a $1.4 million study on express-lane tolls in the state’s Interstate 95 corridor, potentially without the use of tollbooths, the New Haven Register newspaper reported.
April 2, 2012Business
Trimac Buys Majority of Ontario Carrier
Trimac Transportation Ltd. has taken control of another Canadian bulk trucking rival, completing its acquisition of a 60% stake in the parent of bulk liquids hauler Fortress Trucking Ltd. for C$4.4 million.
April 2, 2012Business
ISM Manufacturing Index Rises in March
U.S. manufacturing activity improved in March, the Institute for Supply Management said Monday.
April 2, 2012Business
Construction Spending Falls in February
Construction spending dropped 1.1% in February, the largest decline in seven months, the Commerce Department said Monday.
April 2, 2012BusinessFuel
Oil Holds Near Six-Week Low $103 a Barrel
Oil rose slightly in early trading Monday but held near a six-week low just over $103 a barrel, Bloomberg reported.
April 2, 2012BusinessFuel
Truck, Engine Makers See Natural Gas as Practical Alternative to Diesel Fuel
LOUISVILLE, Ky.—Truck and engine manufacturers at the Mid-America Trucking Show here declared natural gas the victor in the industry’s search for a practical alternative fuel to diesel, saying they could have three different types of natural-gas engines by 2013 and a nationwide network of 100 fueling stations that offer it by 2014.
April 2, 2012