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Va. Proposes Tax Credit For Shipping by Rail or Barge

Virginia Gov. Bob McDonnell wants any company that ships cargo from the port in Norfolk via barge or rail rather than truck to receive a $50 per container state income tax credit.

January 18, 2011

Estes Executive Appointed to Va. Transportation Safety Board

Curtis Carr, vice president of safety and risk management for Estes Express Lines in Richmond, Va., has been appointed to that state’s Board of Transportation Safety by Gov. Bob McDonnell.

January 18, 2011

Diesel Jumps 7.4¢ to Top $3.40 a Gallon

Diesel rose for a seventh straight week, jumping 7.4 cents to $3.407 a gallon, the Department of Energy said.

January 19, 2011

Opinion: Driver Dock Detention Costs All

Anne Ferro, administrator for the Federal Motor Carrier Safety Administration, recently addressed members of the National Industrial Transportation League about an issue that’s become all too common industrywide — driver detention at the docks.

January 20, 2011

ATA Endorses RAIR’s CSA Technology

American Trucking Associations said Tuesday it has endorsed RAIR Technologies’ CSA Solution product to manage carriers’ responsibilities under federal Compliance, Safety, Accountability standards.

January 18, 2011

Consumer Confidence Slips from Six-Month High

Consumer confidence slipped from a six-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

January 14, 2011

Industrial Production Rises 0.8%

Industrial production rose 0.8% in December, the Federal Reserve said Friday.

January 14, 2011

Retail Sales Rise for Sixth Straight Month

Retail sales improved for a sixth straight month in December, rising 0.6%, the Commerce Department said Friday.

January 14, 2011

Oil Finishes Week Over $91 a Barrel

Oil finished the week over $91 a barrel, up more than $3 from last Friday, Bloomberg reported.

January 14, 2011

Odyssey Logistics & Technology Acquires Optimodal Inc. to Add Intermodal Option

Third-party logistics provider Odyssey Logistics & Technology Corp. said Jan. 11 it has acquired Optimodal Inc. to expand intermodal service options in North America for containerized chemicals shipments.

January 13, 2011