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TransCore network’s truckload freight
volume registers highest single week

Truckload freight availability on TransCore’s DAT Network of load boards increased 12% nationwide in the week ending March 5, according to TransCore Trendlines, a weekly barometer for spot market freight trends. This is the largest load volume for a single week since TransCore began reporting weekly levels in January 2008. ...

Kirby unit agrees to merge with K-Sea

Kirby Corporation has entered into an agreement with K-Sea Transportation Partners LP, pursuant to which a subsidiary of Kirby will merge with K-Sea, with K-Sea surviving the merger as a wholly owned subsidiary of Kirby. Total value of the transaction is approximately $600 million (before post-closing adjustments and fees) and will consist of cash, Kirby common stock, and the refinancing of K-Sea debt. ...

Variety of groups pan proposed HOS rule

Reviews are in on the Federal Motor Carrier Safety Administration’s proposed hours-of-service rule, and from shippers to law enforcement agencies, organizations are panning the agency’s proposal:...

Kinder Morgan announces acquisition, joint venture

Kinder Morgan Energy Partners LP announced an acquisition and formation of a crude oil joint venture with Deeprock Energy Resources LLC and Mercuria Energy Trading Inc in Cushing OK....

OTL-UPT presents professionalism awards

Five members of Oklahoma Tank Lines/United Petroleum Transports (OTL-UPT) were nominated for the Oklahoma Trucking Association 2010 Driver of the Year award with John Hill from Tulsa receiving the award, according to Greg Price, OTL-UPT president and chief executive officer....

Oiltanking acquires Panama companies

The Oiltanking Group has acquired 100% of the shares of Colon Oil and Service SA (COASSA) and Colon Port Terminal SA (CPT). These companies will be renamed Oiltanking Colon SA and will be managed and operated by Oiltanking. ...

Bipartisan group calls for abandoning
proposed hours-of-service rule changes

A bipartisan group of US congressmen and senators have called on the Obama Administration to abandon its hours-of-service proposal and retain the current, effective safety rules....

ATA urges Obama Administration
to open access to energy assets

With world events showing the importance of energy independence, the American Trucking Associations called on the Obama Administration to stop blocking access to US-held energy assets....

Canadian Freight Index sets January high

TransCore’s Canadian Freight Index recorded the highest load volumes ever posted in the month of January; volumes exceeded the previous record set during the upsurge in 2008 by 4%. ...

CEI blasts proposed hours-of-service rule

The Federal Motor Carrier Safety Administration (FMCSA) has proposed a new hours-of-service (HOS) rule for commercial motor vehicle drivers. The rule would increase restrictions on the number of hours that truckers and other commercial drivers can work. One proposed change currently being debated is a drop in the maximum driving hours within driving windows from 11 hours to 10....