Union Pacific Corp. said Thursday its fourth-quarter profit jumped 24% on higher rates and volumes.
January 19, 2012Business, Logistics
Union Pacific’s 4Q Income Jumps 24%
Business, Logistics
Trailer Bridge Files Reorganization Plan
Trailer Bridge Inc. said Tuesday it reached an agreement with major note holders and has submitted a restructuring plan following its bankruptcy filing late last year.
January 17, 2012Business, Logistics, Equipment
Heil Trailer Bought by Private Equity Firm
Private equity firm American Industrial Partners said it has purchased trailer manufacturer Heil Trailer International from Dover Corp. Terms were not disclosed.
January 5, 2012Business, Logistics, Equipment
Trailer Orders Up 29.5% in November, ACT Says
Customers ordered 28,393 new trailers in November, a 29.5% increase from the same month a year earlier and the largest monthly total since March 2006, ACT Research Co. said.
January 2, 2012Business, Logistics
As National Rail Strike Looms, Freight Customers Seek Options
U.S.-based freight railroads and their major customers, including intermodal fleets, raced last week to prepare for what could be the first nationwide rail strike in two decades as soon as Dec. 6.
December 5, 2011Business, Logistics
Railroads, Unions Reach Agreement, Avoiding Strike
Freight railroads reached labor agreements with two unions, averting a strike for the holiday shipping season, after U.S. lawmakers said they were prepared to intervene in the dispute, Bloomberg reported Friday.
December 2, 2011Business, Logistics, Equipment
Floor Makers Using New Materials, Designs to Meet Fleet Demands for Longer Trailer Life
Fleets today are running their trailers longer than they ever have, and they expect trailer suppliers to make products that can meet higher standards.
November 28, 2011Business, Logistics, Equipment
October Trailer Orders Dip to 17,384, But Pace Quickens for Plants, Retailers
New orders for commercial trailers dipped 0.8% in October from the year-ago level after a rise in cancellations, but manufacturers and retail sellers reported strong late October and early November activity.
November 28, 2011Business, Logistics
Trailer Bridge Files for Chapter 11
Trailer Bridge Inc., which provides high cube container shipping from Florida to Puerto Rico and the Dominican Republic, has filed for bankruptcy.
November 16, 2011Business, Logistics
Wabash National Posts 3Q Profit on Higher Trailer Sales
Wabash National Corp. reported a third-quarter profit, turning around a loss in the same quarter last year, as trailer shipments hit their highest level in five years.
November 2, 2011