Oil Drops for First Time in Four Days
Oil prices slipped for the first time in four days Wednesday, following a Department of Energy report that showed crude and gasoline supplies fell last week, Bloomberg News reported.
August 14, 2013UPS Cargo Plane Crashes in Alabama
A UPS Inc. cargo aircraft crashed outside of Birmingham, Ala., Wednesday morning, killing the plane’s pilot and co-pilot, news reports said.
August 14, 2013PGT Trucking Acquires New Jersey Flatbed Carrier
PGT Trucking Inc. said it has acquired New Jersey flatbed carrier Liedtka Trucking. Terms were not disclosed.
August 14, 2013Producer Price Index Unchanged in July
Prices paid to U.S. producers were unchanged in July, the Labor Department reported Wednesday.
August 14, 2013Port of Cleveland Cargo Rises 77% in July
Cargo from international ships increased 77% at the Port of Cleveland, on higher imports of European steel, the Cleveland Plain Dealer reported.
August 14, 2013Canada Suspends License of Railroad Involved in Quebec Crash
Canadian regulators have suspended the operating certificate of the railroad involved with last month’s railcar crash in Quebec that killed 47 people, Bloomberg News reported.
August 14, 2013Ga. Trucking Company Wants to Depose Haslam, Other Pilot Flying J Executives
A Georgia motor carrier, the latest of more than 20 trucking companies to file fuel-rebate fraud lawsuits against Pilot Flying J, is seeking to depose Pilot CEO Jimmy Haslam in October.
August 13, 2013Retail Sales Rise for Fourth Month
Retail sales increased 0.2% in July, the fourth consecutive monthly gain, the Commerce Department reported.
August 13, 2013UPS Opens Two Distribution Centers in China
UPS Inc. said Tuesday it has opened two new distribution centers in China, increasing access to developing rural and urban areas.
August 13, 2013Diesel Slides 1.3¢ to $3.896 a Gallon in Second Straight Decline; Gasoline Drops 7.1¢ to $3.561
Diesel fell modestly for a second straight week, declining 1.3 cents to $3.896 a gallon, while gasoline dropped 7.1 cents, the Department of Energy reported.
August 13, 2013