Oil rose 72 cents on Thursday, finishing the trading day at a three-month high of $93.82 a barrel following a report of stronger economic growth in China, Bloomberg News reported.
January 10, 2013Search
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Sanderson Promoted to CEO of Bolt Holdings
Bolt Holdings, Toledo, Ohio, the parent company of Bolt Express and Strike Logistics, said it has promoted Guy Sanderson to CEO.
January 11, 2013Intermodal Traffic Falls 8% for Week, Due to Holiday
U.S. rail intermodal traffic fell 8% last week over the same week a year ago, due to the New Year’s holiday, the Association of American Railroads said.
January 11, 2013DOT Freight Transportation Index Rebounds
The Department of Transportation’s freight transportation services index rebounded in November from October, matching its year-ago level, DOT said Wednesday.
January 9, 2013Pa. Turnpike Truck Traffic Declines as Tolls Rise
Truck traffic on the western end of the Pennsylvania Turnpike has declined as tolls have jumped 35% for E-ZPass users since 2009, the Pittsburgh Tribune-Review reported.
January 9, 2013BNSF Projects Its Crude Oil Shipments to Climb 40% on Shale Boom
Burlington Northern Santa Fe railroad will boost crude-oil shipments by 40% this year, helping to offset declines in other cargo, Bloomberg News reported.
January 9, 2013Port of Long Beach Begins Work on $1 Billion Bridge Replacement Project
The Port of Long Beach, Calif., announced it has begun construction on a $1 billion project to replace its main bridge, the 45-year-old Gerald Desmond Bridge.
January 9, 2013Port Logistics Group Acquires Pacific Distribution Services
Port Logistics Group said it has acquired Pacific Distribution Services, a warehousing and transportation provider serving the ports of Seattle and Tacoma, Wash. Terms were not disclosed.
January 9, 2013Illinois Cellphone Ban for Commercial Drivers Takes Effect
Commercial drivers in Illinois are banned from using hand held cellphones while driving, as of this month, the Illinois Department of Transportation said.
January 9, 2013ATA Names 2013-2014 America’s Road Team
American Trucking Associations this week named 19 truck drivers to represent the industry as the 2013-2014 America’s Road Team.
January 11, 2013