February 13, 2012
RWI Transportation LLC
To the surprise of many, the U.S. House Committee on Transportation and Infrastructure voted on a bi-partisan basis to exclude new legislation that would have raised total truck weights on federal highways from 80,000 to 97,000 pounds from the new highway funding bill. Despite that setback, many in the industry applauded the passage by the committee of the larger transportation funding measure.
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By Paul Nussbaum
With Washington deadlocked over funding for the nation's highways and transit systems, several transportation experts warned Thursday at a forum in Philadelphia that continued wrangling could jeopardize the nation's recovering economy.
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By Gary A. Shilling
Oil prices, which fell below $97 a barrel on February 6, are not poised to surge in the long run because long-term production is declining. Better technology and, if needed, higher oil prices mean the long predicted peak in oil production is a long way off.
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By David Migoya
Calling the Regional Transportation District's western rail spur of the FasTracks system a "model for America," federal Transportation Secretary Ray LaHood on Monday lauded the project as a key to putting unemployed Americans back to work.
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Best Logistics, Inc.
Delhaize Group SA, parent of Food Lion and Bloom supermarkets, said it would close its distribution center in Clinton, Tenn.
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The Minnesota Trucking Association (MTA) named Robert Erickson of Wright, a professional truck driver for MinStar Transport in Eagan, Minn., Minnesota’s 2011 Truck Driver of the Year. The award was presented at the group’s recent annual awards banquet.
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Belle Foods LLC announced it has reached an agreement with Southern Family Markets LLC and several of its subsidiaries to purchase all 57 grocery stores owned by Southern Family Markets, including two Food World stores in Etowah County.
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Leanlogistics
Universal Truckload Services, Inc. has announced its participation in the 2012 Stifel Nicolaus Transportation & Logistics Conference in Key Biscayne, Florida. Universal President and CEO Don Cochran will present an overview of the company, based on third quarter 2011 financial results.
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New Jersey stands to receive as much as $519 million for transit projects under a transportation bill moving through the Senate, but transportation advocates in the region are worried that the House is going in the opposite direction and could slash transit funding.
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Transplace, a leading transport management service, is pleased to announce that it will be continuing its relationship with Dole Food Co. for the transportation of Dole's produce over the North American road network.
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Schneider National
Clean Energy Fuels Corp. CLNE 1.32% has signed a 10-year agreement with Green Energy Oilfield Services, a major Texas truck transport provider, to build, supply and maintain a new liquefied natural gas (LNG) fueling station at Green Energy headquarters in Fairfield, Texas.
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Police in south China's Hainan province have discovered and shut down locations where fake health food found to contain Viagra was produced.
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Increasing demand and a drop in the supply of used cars and trucks will lead to higher used vehicle prices in 2012, says Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide.
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Food Shippers of America
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