Diesel Rises 2¢ to $2.849
The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.
July 16, 2007BAX Sets U.S.-Canada Service
Airfreight company BAX Global and sister company Schenker, a logistics firm, said they are offering a new overnight ground service between the United States and Canada.
July 13, 2007General Freight Launches International Division
Third-party logistics firm General Freight Services said Friday it has launched an international Logistics Division, which will be headed by David Higgs.
July 13, 2007Standards Group Fails to Pass ‘Hot Fuel’ Reform
A measure that would have set standards for “hot fuel” fell just short of passage at a meeting of the National Conference on Weights and Measures, the Kansas City Star reported.
July 12, 2007New Freight Rail Line to Serve Michigan, Indiana
A new freight rail line, Michigan Central Railway, will start freight rail service in Michigan and Indiana next year, the company said Thursday.
July 12, 2007Diesel Price to Rise, DOE Says
National average diesel prices are expected to climb for the next three months before receding slightly toward the end of the year, according to projections by the Department of Energy.
July 11, 2007Shell to Build New Lubricants Plant in China
Shell Limited, part of Shell Oil Co., broke ground late last month on a lubricants blending plant in southern China.
July 9, 2007Chicago Manufacturing Index Dips in June
Manufacturing activity in the Chicago declined but held near a two-year high this month, the National Association of Purchasing Management said Friday.
June 29, 2007DHL Buys Stake in Polar Air
Package delivery firm DHL said Thursday it acquired a 49% stake Polar Air Cargo Express, a unit of Atlas Air Worldwide Holdings, to expand its business in the Asia-Pacific region.
June 28, 2007YRC Changes Logistics Unit’s Name; Will Buy Chinese Firm
YRC Worldwide said that it has changed the name of its logistics unit Meridian IQ to YRC Logistics, and that it has entered into a preliminary agreement to buy a big Chinese logistics and trucking company.
June 27, 2007