Oil Markets Stabilizing, but OPEC Supply Raises Concerns

In Industry News by Bradford

Oil prices ticked up and volatility declined during second quarter 2015. However, significant downside risks to prices remain because of supply increases by the Organization of Petroleum Exporting Countries (OPEC), in particular by Iraq and Saudi Arabia. The lifting of sanctions on Iran also has the potential to introduce another 700,000 barrels per day (kb/d) to the global market by …

Truckers, these two companies are revving up efforts to disrupt your industry

In Industry News by Bradford

Two companies are today announcing new products to make those lumbering behemoths of the highway more logistically nimble. One company, the San Jose, California based Trucker Path, has had a popular mobile Android/iOS application of the same name that offers crowd-sourced guidance to road comforts — the nearest truck stop, weigh stations, hotels, diesel fuel, and so on. It claims …

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North Dallas Retail Center Changes Hands

In Industry News, Press Releases by Bradford

CARROLLTON, Texas  In a fast-moving deal, Zimmerman Enterprises LLC has acquired Northridge Court in North Dallas, a 33,979-sf retail center with leasing opportunities and high visibility as its upside. Northridge Court is situated on nearly 2.3 acres at 2741 E. Belt Line Rd. in Carrollton near the Marsh Lane intersection. The property was 56% leased at sale time. The California-based …