Consumer confidence jumped in January to the highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for U.S. households.
January 16, 2015Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Consumer Sentiment Surges to 11-Year High
CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms
CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.
January 14, 2015Commercial Truck Safety Makes NTSB’s Most Wanted List
WASHINGTON — Strengthening commercial truck safety has made it onto the Most Wanted List of policies and actions issued annually by the National Transportation Safety Board.
January 13, 2015Penske Petitions US Supreme Court to Overturn Calif. Meal-Break Law
Penske Logistics last week asked the U.S. Supreme Court to overturn an appeals court decision upholding California’s meal-break law.
January 12, 2015STB to Continue Railroad Reviews, Sidesteps California Emissions Case
The Surface Transportation Board, now reduced to two members, decided to wade further into rail service oversight and stay out of a California rail emissions case.
January 12, 2015Intermodal Traffic Rises in December
U.S. rail intermodal traffic increased 3.7% in December compared with the same month the prior year, the Association of American Railroads reported.
January 9, 2015Universal Truckload Appoints New CEO
Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.
January 8, 2015Farmer Takes Office as IANA Chair
Katie Farmer, group vice president of consumer products at BNSF Railway, has taken office as the first woman to chair the Intermodal Association of North America’s board of directors.
January 8, 2015ABF Logistics Buys Oklahoma Brokerage Firm
ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million.
January 5, 2015Trailer Orders Rise 43% in November
November trailer orders rose 43% to the fourth-highest level ever, following October’s record high, to 36,000 units, ACT Research Co. reported.
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