Longwei Petroleum announces new Gujiao facility contracts
Longwei Petroleum Investment Holding Ltd, an energy company engaged in storage and distribution of finished petroleum products in the People’s Republic of China, announced annual contracts with two new customers for its Gujiao petroleum storage facility representing sales of 19,000 metric tons of petroleum products. The company estimates that the contracts will be worth approximately $20.1 million based on current pricing levels... Carriers expect to replace aging tractors, but fleet capacity expansion plans lag
Transport Capital Partners LLC (TCP) has completed its Business Expectation Survey for the fourth quarter of 2010 and found that those carriers surveyed have shifted to more aggressive acquisition/replacement plans compared with the previous four quarters... Economic trends buoying Class 8 demand
The freight segments of the economy continue to display signs of stability and growth, which along with other factors, is providing a solid lift in demand for commercial vehicles over the next couple of years, according to ACT Research Co. Demand for both heavy-duty (Class 8) vehicles and commercial trailers will drive significant production gains for North American OEMs in the next two years... Miller opens New Orleans LA facility
Miller Transporters Inc announces the opening of its newest facility in New Orleans LA. Brandon Mosley, formerly a dispatcher at Miller’s Mobile AL facility, has accepted the position of terminal manager. A Daphne AL native, Brandon has been with Miller since December 2005... Bendix applauds passage of state laws limiting copper in brake friction materials
Bendix Spicer Foundation Brake LLC applauds the recent state laws passed in California and Washington that reduce the amount of copper allowed in brake friction materials beginning in 2021. The company’s lineup of Bendix brand foundation drum brakes—available on a full range of OE models—currently meets the new state mandates... Schneider National participates in DRII business continuity certification program
Moving freight through the supply chain requires great attention to risk management on the road and rails and in the back office. Any disruption to the flow of goods... Diesel fuel’s price reaches its latest two-year high
The average retail price of diesel fuel nationwide rose to its latest two-year high—the third time it has done so in the past month—climbing 3.4 cents to $3.231 a gallon, according to US Department of Energy information... Diesel fuel demand to drive global |
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