Oil held over $100 a barrel for a sixth trading day Wednesday as inventories rose last week, Bloomberg reported.
December 7, 2011BusinessLogistics
Judge to Set Creditors’ Claims Deadline In Trailer Bridge Bankruptcy Case
The judge overseeing the bankruptcy case of Trailer Bridge Inc. will set a deadline for creditors to file claims at a Dec. 14 hearing.
December 8, 2011BusinessLogistics
Port to Gain Intermodal Capacity With $6.5 Million Track Project
The Port of Savannah’s intermodal capacity will be enhanced by a $6.5 million project to add 1.2 miles of rail track at a container transfer terminal, the Georgia Ports Authority announced.
December 8, 2011BusinessLogistics
Express Scripts Hires SCI for Drug Deliveries
Express Scripts Canada said it has signed a supply chain contract to have SCI Logistics manage the home delivery of pharmaceuticals and medical supplies.
December 8, 2011Business
Icahn Sees Positives in Potential Navistar-Oshkosh Merger
Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would “be a good merger” that would “create a lot of synergies.”
December 7, 2011Business
ATA Hires New Chief Financial Officer
American Trucking Associations has hired Karla Hulett as its new chief financial officer.
December 7, 2011Business
Paccar Sets Special Dividend
Truck and engine maker Paccar Inc.’s board of directors has declared an extra cash dividend of 70 cents per share.
December 7, 2011Business
Decorated Mack Truck Hauls Capitol Christmas Tree to D.C.
A festively decorated Mack truck embarked this month on a three-week journey to deliver the Christmas tree that will brighten the U.S. Capitol grounds this holiday season.
December 7, 2011BusinessTechnology
Telular to Acquire SkyBitz
Remote monitoring company Telular Corp. said Monday it will acquire SkyBitz, a provider of technology used to track and manage truck trailers, intermodal containers and other assets.
December 6, 2011GovernmentBusiness
North Carolina Senate Rejects Capping Fuel Taxes
The North Carolina State Senate has killed a proposal to cap the state’s 35-cent tax on gasoline and diesel, which is about to rise sharply, by voting to end its session.
December 6, 2011