Oil closed at a nine-month high over $105 a barrel on Tuesday, after finishing every trading day last week over $100, Bloomberg reported.
February 21, 2012Search
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Transport Modes Must Adapt Operations As Trade Patterns Evolve, Executives Say
By Neil Abt, News Editor
This story appears in the Jan. 30 print edition of Transport Topics.
Wheaton to Acquire Bekins; Deal Joins Competing Movers
Two of the 10 largest U.S. household goods carriers are about to be combined, as Wheaton Van Lines Inc. said on Feb. 11 it intends to acquire smaller competitor Bekins Van Lines in March.
February 23, 2012Bolt Express Acquires Strike Logistics
Air and ground expedited services provider Bolt Express LLC said it has completed the acquisition of third-party services provider Strike Logistics.
February 22, 2012TMC Gives Five Silver Spark Plug Awards
TAMPA, Fla. — The Technology & Maintenance Council gave one fleet executive and four associate members its Silver Spark Plug Award for career achievement at TMC’s annual meeting being held here this week.
February 22, 2012Existing °®¶ą´«Ă˝ Sales Rise to Highest Level Since May
Existing home sales rose for a fourth straight month in January, reaching the highest level since May, the National Association of Realtors said Wednesday.
February 22, 2012Dana’s 4Q, Full-Year Earnings Improve
Component maker Dana Holding Corp. said its fourth-quarter and full-year income both improved, on higher vehicle production and acquisitions.
February 21, 2012Expeditors’ 4Q Earnings Slip
Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit slipped 4%, citing “irregular demand” in the quarter.
February 21, 2012Cummins Adding 12-Liter Natural Gas Engine
Engine maker Cummins Inc. said its 50-50 joint venture with Westport Innovations has introduced a 12-liter version of its natural gas engine.
February 21, 2012iTECH: Smart Phone Apps for Trucking
There were almost 20 times as many transportation applications available for mobile devices in 2011 as there were the year before, technology experts said.
February 21, 2012