Transport Topics
Economy Puts New Demands on Logistics Firms, Surveys Find
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A robust economy is placing new demands on third-party logistics service providers, based on survey results from two long-running university-sponsored studies released at the Council of Supply Chain Management Professionals annual conference in Nashville, Tenn.
Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga
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Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant.
Oil Falls Most in Eight Weeks as Investors Avoid Risky Assets
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Crude posted the biggest decline in eight weeks as a risk-off sentiment spread through global markets. Futures tumbled 3% in New York on Oct. 11. Investors eyed a sixth day of U.S. equity losses along with heightened volatility.
Gas Flow Resumes After Canada Pipe Rupture Hits Oil Refiners
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Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output and sent gasoline prices soaring up and down the West Coast.
Grammer Industries Looks to Expand After Buyout by Stellex Capital Management
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The family of Charles “Shorty” Whittington and a group of top executives at Grammer Industries Inc. have teamed with Stellex Capital Management to acquire the bulk chemical hauler from another investment firm, Linx Partners.
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