OSHA targeting wash rack confined space entry programs for tougher enforcementJun 1, 2011, By Charles E Wilson TANK TRUCK wash racks are coming under greater scrutiny from the Occupational Safety and Health Administration (OSHA), and confined-space tank entry seems... Buckeye not acquiring BP’s 50% interest in Inland CorporationJun 1, 2011 Buckeye Partners LP reported that its previously announced acquisition of refined petroleum products terminals and pipelines from BP Products North America Inc and its affiliates will not include the purchase of BP’s 50% interest in Inland Corporation for $60 million... Transportation, logistics firms shift M&A focus to infrastructure, consolidationMay 24, 2011 Buoyed by strengthening capital markets, growing interest from financial investors, and stronger corporate balance sheets, the transportation and logistics industry is poised to reach robust levels of deal flow by number of deals over the course of 2011, according to Intersections, a quarterly analysis of global merger and acquisition (M&A) activity in the transportation and logistics industry by PwC US.... FTR Shippers Condition Index sinks in MayMay 24, 2011 FTR Associates’ Shippers Condition Index (SCI) as reported in the firm’s May Shippers Update fell to a reading of –11.4, reflecting tightening capacity and accelerating transport costs. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environment, while a reading below zero is unfavorable.... Chemistry council honors Westway unitMay 24, 2011 Westway Group Inc announced that Westway Terminals LLC, a wholly owned subsidiary of the company, received the Responsible Care Partner of the Year Award. ... TransCore Freight Index decreases in AprilMay 24, 2011 TransCore’s North American Freight Index showed a 14% decline in spot market truckload freight volume for April 2011 compared with March, but a 12% increase versus April 2010. ... CEMEX USA receives fleet safety awardMay 24, 2011 CEMEX USA announced that its California-based truck fleet was recently awarded the 2011 Fleet Safety Award from the California Trucking Association (CTA). ... Westway protects facilities against floodsMay 17, 2011 Westway Group Inc announced that it has several facilities serving both its liquid feed supplements and bulk liquid storage businesses that have been minimally affected by the recent flooding along the Mississippi and Ohio rivers... Intermodal volume climbs in Q1 2011May 17, 2011 Intermodal volume increased 9% year-over-year in Q1 2011 as international volume grew for the fifth straight quarter, posting a solid 9.6% uptick, according to a report released May 12 by the Intermodal Association of North America (IANA). IANA’s Intermodal Market Trends & Statistics report also notes that overall domestic intermodal volume also increased during the quarter by 8.4%... National NGV Fleet Forum is establishedMay 17, 2011 Leading national fleet operators announced the formation of the Natural Gas Vehicle (NGV) Fleet Forum, a new membership organization dedicated to advancing the use of natural gas in the US transportation sector. The effort was announced at the 2011 Alternative Clean Transportation (ACT) Expo, a showcase of clean, alternative fuel vehicles...
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