Transport Topics
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APM Terminals will add two new super-Post Panamax cranes and expand its Mobile, Alabama, port container yard by 20 acres as part of a $40 million infrastructure investment to expand the terminal's capacity to meet growing demand, the company announced.
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Previously owned U.S. homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.
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Volvo Trucks approved the use of diesel hydrogenated vegetable oils for all of its Euro 5 engines, saying the fuel "works very well" in the engine.
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Diesel's national average price dipped 1.1 cents to $2.859 per gallon, the fourth consecutive drop, the Department of Energy reported June 22.
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