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C.H. Robinson Acquires Indian 3PL
Transportation and logistics firm C.H. Robinson Worldwide on Friday announced it acquired Triune, a non-asset based third-party logistics firm headquartered in India.
December 1, 2006Canadian National Buys Savage Alberta Railway
Canadian National Railway on Friday announced it purchased short-line rail hauler Savage Alberta Railway from Savage Co., Salt Lake City.
December 1, 2006Letter to the Editor: Free Interstates, Tolls, Driver Shortage
Click here to write a Letter to the Editor. agree with American Trucking Associations President Bill Graves. We need to keep our interstate highway system free.
December 1, 2006Oil Rises Rises More Than $4 for Week
Crude oil futures on the New York Mercantile Exchange rose more than $4 for the week to a per-barrel closing price of more than $63 on Friday, Bloomberg reported.
December 1, 2006DHL to Raise Rates in 2007
Effective Jan. 1, DHL will raise shipping rates for its DHL Domestic Air Express and International Express divisions by 3.9%, while increasing rates for its DHL Ground shipments by 4.9%, the package carrier said Thursday.
November 30, 2006Virginia DOT to Install Cameras at Toll Plazas
In order to stem annual toll revenue losses of $1.4 million, the Virginia Department of Transportation has installed cameras at several toll plazas across the state to catch motorists who use toll roads without paying the required fee.
November 30, 2006EU Antitrust Officials Delay Ruling on MAN’s Takeover Bid for Scania
The European Commission, the European Union’s antitrust regulator, on Thursday agreed to delay its ruling on German truck maker MAN’s hostile takeover bid for rival Scania until Dec. 20.
November 30, 2006Chicago Manufacturing Index Contracts in November
The National Association of Purchasing Management-Chicago’s manufacturing index fell to a reading of 49.9 in November, Bloomberg reported Thursday.
November 30, 2006Initial Jobless Claims Rise 34,000 for Week
First-time U.S. jobless claims rose 34,000 last week to 357,000, the Labor Department said Thursday.
November 30, 2006Personal Spending Rises 0.2% in October
Consumer personal spending rose 0.2% in October, while an inflation gauge preferred by the Federal Reserve rose 0.2% for the second consecutive month, the Commerce Department said Thursday.
November 30, 2006