Intermodal rail volume for July rose 5.5% compared with the same time last year, the Association of American Railroads reported.
August 8, 2014Business, Logistics
Intermodal Rail Volume Rises 5.5% in July
Business, Logistics
Expeditors’ Profit Dips in Second Quarter
Expeditors International of Washington’s second-quarter profit dipped 1%, but revenue increased.
August 5, 2014Business, Logistics
Intermodal Volume Rises 8.2% in Second Quarter
Intermodal volume in the second quarter rose 8.2%, an indication the industry is recovering from a harsh winter and a contracted economy, according to the Intermodal Association of North America.
August 5, 2014Business, Logistics
Weekly Intermodal Rail Traffic Rises 3.3% to More Than 260,000 Units
U.S. rail intermodal traffic increased 3.3% in the week ended July 26 compared with the same week last year, the Association of American Railroads reported.
August 1, 2014Government, Business, Logistics
Senate Confirms Top DOT Nominees
The Senate on July 24 easily confirmed the nominations of two Transportation Department officials for senior positions.
July 31, 2014Business, Logistics
XPO Logistics Trims 2Q Loss, Plans Acquisition
XPO Logistics said it narrowed its second-quarter loss and announced an agreement to acquire New Breed Holding Co. for about $615 million.
July 29, 2014Business, Logistics
Schneider Expands Intermodal Service to Include Mexico, Canada
Schneider said it has expanded its bulk intermodal trailer service to include new routes into Mexico and Canada.
July 28, 2014Business, Logistics
Trailer Orders Soar 43.9%; Strongest June in 15 Years
New trailer orders posted the strongest June in 15 years, ACT Research reported, showing further evidence the sector is poised for its strongest year in nearly a decade.
July 28, 2014Business, Logistics
TransForce to Acquire Contrans Group
TransForce Inc. said it will buy fellow Canadian carrier Contrans Group Inc. for about C$495 million.
July 25, 2014Business, Logistics
Swift Transportation Net Dips 19%
Swift Transportation Co. said net income slipped 19% to $40.2 million, hurt by weaker profit margins at its dedicated and refrigerated units.
July 25, 2014