Oil pushed past $70 a barrel Wednesday for the first time this week following a Department of Energy report that showed crude inventories plunged last week, Bloomberg reported.
August 19, 2009Business
Jobless Claims Rise for Week
Initial jobless claims rose to 576,000 last week, the Labor Department said Thursday.
August 20, 2009BusinessFuel
Crude Tops $72 a Barrel
Oil rose to near a two-month high of more than $72 a barrel early Thursday, a day after jumping more than $3, Bloomberg reported.
August 20, 2009BusinessSafetyGovernment
DOT Sets Dates for Distracted-Driving Summit
The Department of Transportation said it will host its “distracted driving” summit in Washington on Wednesday and Thursday, Sept. 30 - Oct. 1.
August 19, 2009BusinessGovernment
NFI Buys Network Logistic, Expands Warehousing
NFI Industries said it expanded its warehousing operations by 20% with the Aug. 3 purchase of Network Logistic Solutions, which operates 3 million square feet of space in Florida, Georgia and Oklahoma. Pricing details were not disclosed.
August 19, 2009GovernmentBusinessSafetyFuel
ATA Says California Reefer Rule Is Unfair
California’s new emission-reduction rule for transport refrigeration units unfairly imposes air quality standards on out-of-state carriers, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.
August 19, 2009Business
Mack Receives Military Truck Orders
Mack Trucks has received an order for 18 more of its Vision Elite model tractors from the U.S. Army TACOM Life Cycle Management Command.
August 19, 2009BusinessGovernmentLogistics
Menlo Opens Chicago-Area Export Facility
Menlo Worldwide Logistics said that it has opened an export logistics center in Joliet, Ill., to serve heavy duty equipment manufacturer Caterpillar Inc.
August 18, 2009BusinessFuelGovernment
Diesel Rises 2.7¢ to $2.652; Gas Dips a Penny
Diesel rose 2.7 cents to $2.652 a gallon , its highest price this year, the Department of Energy reported.
August 18, 2009BusinessLogistics
Phoenix Group Expands Logistics Business into Mexico, Hires New Employees
The Phoenix Group said that its logistics business is expanding with a multi-year contract with a Mexican grocery chain and the hiring of 15 new employees.
August 18, 2009