Increasing annual U.S. infrastructure spending by $157 billion in the next eight years would save $3.1 trillion in gross domestic product, $1.1 trillion in trade and 3.5 million jobs, according to a new report.
January 15, 2013Search
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England Logistics Appoints Beardall President
England Logistics said Tuesday it has promoted Jason Beardall to president from executive vice president.
January 15, 2013About 1 Million Natural-Gas Trucks and Buses to be Sold by 2019, Report Says
More than 930,000 medium- and heavy-duty natural gas-powered trucks and buses are expected to be sold worldwide by 2019, according to a new report.
January 14, 2013Retail Imports to Rise 2.3% in January, NRF Says
Import cargo volume at major U.S. ports will increase 2.3% this month from a year ago as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast ports, according to a report by the National Retail Federation.
January 14, 2013Gasoline Rises 6.7¢ to $3.325, Lundberg Survey Reports
Gasoline rose 6.7 cents in the past three weeks to $3.325 a gallon, according to the latest Lundberg survey of filling stations released Sunday.
January 14, 2013UPS Ends Bid to Buy TNT Express
UPS Inc. has abandoned its $6.8 billion bid to buy European package carrier TNT Express NV after European regulators moved to block the deal, Bloomberg News reported Monday.
January 14, 2013BTS Releases Pocket Guide to Transportation
The U.S. Bureau of Transportation Statistics said it has released its 2013 Pocket Guide to Transportation.
January 15, 2013Diesel Declines 1.7¢ to $3.894 a Gallon
Diesel dipped 1.7 cents to $3.894 a gallon, the seventh straight decline, the Department of Energy said in its weekly survey.
January 15, 2013Livingston International Acquires MBLX Inc.
Livingston International said Monday it has acquired barge freight handling and forwarding company MBLX Inc. Terms were not disclosed.
January 14, 2013Chamber of Commerce President Calls for Higher Gas Tax
U.S. Chamber of Commerce President Thomas Donohue said it was time for an increase in the federal gasoline tax to help pay for infrastructure improvements, Reuters reported.
January 11, 2013