Oil prices fell more than $1 to a two-week low of less than $66 a barrel Monday, Bloomberg reported.
August 17, 2009Search
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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, 2009Menlo 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, 2009Housing Starts Decline in July
Housing starts fell in July for the first time in three months, the Commerce Department said Tuesday.
August 18, 2009Producer Price Index Falls in July
Prices paid to U.S. producers fell 0.9% in July, the Labor Department said Tuesday.
August 18, 2009Towne Air Freight Buys Texas Land and Air
Towne Air Freight said it has acquired Texas Land and Air to establish a presence in that state and widen its service offerings.
August 18, 2009N.Y. Manufacturing Index Shows First Gain in 16 Months
Manufacturing activity in the New York region contracted at the slowest pace in more than a year, the Federal Reserve Bank of New York said Monday.
August 17, 2009Patriot Sells Flatbed Unit Sunbelt Transport
Patriot Transportation Holding lost $402,000 in its fiscal third quarter and the company said it sold flatbed carrier unit Sunbelt Transport.
August 17, 2009Letters: Reregulation (Cont鈥檇.), Fighting Back
This is just a comment on the letter headlined 鈥淪afety, Reregulation鈥 that ran in the July 20 issue.
August 17, 2009Stock Market/Oil Price Two-Step
The new economic Siamese twins, namely the stock market and oil prices, are continuing to rise in lockstep, bringing relief and pain to consumers 鈥 and the national economy 鈥 simultaneously.
August 17, 2009