Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.
August 12, 2011Business, Logistics
Equity Firm Buys ADS Logistics
Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.
August 12, 2011Business, Logistics
MIQ Acquires UK Logistics Company
MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.
August 12, 2011Business, Fuel
Oil Finishes Week Over $85 a Barrel
Perspective, Business
Opinion: Driving Accident-Free — A Mission
This week, contestants of the National Truck Driving Championships and National Step Van Driving Championships will be convening in Orlando to begin four intense days of competition.
August 11, 2011Business, Fuel, Government
Trade Deficit Expands to $53.1 Billion
The U.S. trade deficit rose 4.4% in June to $53.1 billion as exports fell by the most in two-and-a-half years, the Commerce Department said Thursday.
August 11, 2011Business
Initial Jobless Claims Fall to Four-Month Low
Initial jobless claims decreased by 7,000 last week to 395,000, a four-month low, the Labor Department said Thursday.
August 11, 2011Business
DOT Freight Transport Index Rises 4.1%
The Department of Transportation said Wednesday its freight transportation services index rose 4.1% in June from a year ago.
August 10, 2011Business
Industry Backs Truck Efficiency Standards
Initial reactions from truck and engine manufacturers have been supportive of the heavy-duty truck fuel efficiency standards announced Tuesday by President Obama.
August 10, 2011Business
Wholesale Inventories Rise 0.6% in June
Wholesale inventories rose 0.6% in June, the slowest rate in seven months, the Commerce Department said Wednesday.
August 10, 2011Business, Logistics
Intermodal Volume Rises 6.5% in Second Quarter
Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.
August 10, 2011