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IOT announces JV
with Katoen Natie

IOT Infrastructure & Energy Services Ltd (IOT) and Katoen Natie announced a joint venture to develop new ventures in storage, handling, packing, and transportation services for polymers and solid specialty chemicals in India. ...

CTP expands,
merges with ASET

The Coalition for Transportation Productivity (CTP), a group of more than 160 shippers and allied associations dedicated to responsibly increasing federal weight limits on Interstate highways, has announced a merger with Americans for Safe and Efficient Transportation (ASET)....

Truck-involved fatalities
reach record low

The number of truck-involved traffic fatalities declined 20% in 2009, dropping from 4,245 in 2008 to 3,380 in 2009, the National Highway Traffic Safety Administration said....

Diesel fuel price advances
for second straight week

The national average price of a gallon of diesel fuel rose for a second straight week, climbing 1.7 cents to $2.96 a gallon, according to US Department of Energy information....

Most carriers expect rates
to increase in the next year

Transport Capital Partners LLC (TCP) has completed its Business Expectation Survey for the third quarter of 2010, which found that 63% of responding carriers experienced rate increases, with 7% reporting more than 15% rate increases....

Rural transportation system
requires more investment,
improved connectivity: study

Rising congestion in popular tourist destinations, inadequate roads to serve growing agricultural and energy output, and emerging cities that are not connected to the Interstate system all require immediate attention and investment to ensure that America’s rural areas stay connected....

Magellan Midstream closes
BP Pipelines asset acquisition

Magellan Midstream Partners LP has completed its acquisition of 7.8 million barrels of crude oil storage and more than 100 miles of active petroleum pipelines from BP Pipelines (North America) Inc for $289 million....

TIA members outperform
economy, report reveals

The Transportation Intermediaries Association (TIA) has released the 2nd Quarter 2010: TIA 3PL Market Report, and the results show that, in general, TIA members outperformed the economy. The report, comprised of data drawn from five categories of members based on revenue, showed a growth in total dollars billed in the second quarter of 2010, an encouraging sign from the marketplace....

Vigillo offers CSA Benchmark Scorecards

Vigillo LLC announced the availability of its new CSA Benchmark Scorecards. The new Benchmark Scorecards, provided at no additional cost...

TRALA meets with Obama officials, pushes financial incentives to aid trucking

The Truck Renting and Leasing Association (TRALA) was joined by representatives of truck dealers, truck, engine, equipment manufacturers, and truck operators in meeting with senior officials of the Obama administration...