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Hoyer 2008 annual report
wins international prize
Nov 23, 2009

International logistics service provider Hoyer GmbH Internationale Fachspedition, headquartered in Hamburg, Germany, has received the Silver Award in the Transportation & Logistics category, presented by the LACP (League of American Communications Professionals), for its 2008 annual report...

Stolt-Nielsen SA acquires
LPG carrier Althea Gas
Nov 23, 2009

Stolt-Nielsen SA (SNSA) has agreed to acquire through its subsidiary Stolt-Nielsen Gas Ltd the 82,557-cbm LPG carrier Althea Gas from Iino Kaiun Kaisha of Japan...

Westway Group signs
$175 million credit facility
Nov 18, 2009

Westway Group Inc announced the signing of a new three-year, $175 million senior secured revolving credit facility. The facility is being provided by a nine-bank syndicate led by JPMorgan Chase Bank NA and was arranged by JPMorgan Securities Inc...

FMCSA to add fifth option
to roadability final rule
Nov 18, 2009

The Federal Motor Carrier Safety Administration (FMCSA) has responded to a petition for reconsideration of the final roadability rule and will amend the regulations to allow a fifth intermodal equipment marking option...

Price of diesel fuel dips
for second straight week
Nov 18, 2009

The average price of a gallon of diesel fuel nationwide dropped for a second straight week, falling 1.1 cents to $2.79 a gallon, according to US Department of Energy information...

Kenan Advantage Group
acquires Reinhard assets
Nov 16, 2009

The Kenan Advantage Group Inc (KAG) has completed an acquisition of the assets of Washington-based Reinhard Transportation...

Ida has minimal effect
on oil and gas production
Nov 16, 2009

Tropical Storm Ida caused no significant loss of oil and gas production in the Gulf of Mexico, though Chevron, Marathon Oil Corp, and Exxon Mobil Corp temporarily shut down some production and evacuated some personnel as a precaution...

Trimac completes purchase
of StarTrans business, assets
Nov 12, 2009

Trimac Dry Bulk Group Inc has completed the purchase of the business and certain assets of StarTrans Inc. A South Carolina-based motor carrier, StarTrans is engaged in the transportation of dry bulk products, including cement and lime products, and operates in a 20-state area east of the Mississippi River through a network of nine terminals in eight states...

Small number of fleets
planning to buy trailers
negatively affects index
Nov 12, 2009

The Q4 2009 FSR Equipment Buying Index as reported by CK Commercial Vehicle Research fell 23% from the previous quarter to a reading of 68.7. The Q4 2009 index was severely impacted by the small percentage of fleets planning trailer purchases...

House approval
of chemical security
act disappoints NACD
Nov 10, 2009

After the US House of Representatives approval of HR 2868, the Chemical and Water Security Act of 2009, the National Association of Chemical Distributors (NACD) issued this statement...

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