U.S. rail intermodal traffic fell 8% last week over the same week a year ago, due to the New Year’s holiday, the Association of American Railroads said.
January 11, 2013Business, Logistics
Sanderson Promoted to CEO of Bolt Holdings
Bolt Holdings, Toledo, Ohio, the parent company of Bolt Express and Strike Logistics, said it has promoted Guy Sanderson to CEO.
January 11, 2013Business, Logistics
Intermodal Traffic Falls 8% for Week, Due to Holiday
Business, Logistics
Private Equity Firm Acquires American Fast Freight
Private equity firm The Jordan Company said it has acquired American Fast Freight, an ocean freight forwarding company. Terms were not disclosed.
January 10, 2013Business, Logistics
Port Logistics Group Acquires Pacific Distribution Services
Port Logistics Group said it has acquired Pacific Distribution Services, a warehousing and transportation provider serving the ports of Seattle and Tacoma, Wash. Terms were not disclosed.
January 9, 2013Business, Logistics
BNSF Projects Its Crude Oil Shipments to Climb 40% on Shale Boom
Burlington Northern Santa Fe railroad will boost crude-oil shipments by 40% this year, helping to offset declines in other cargo, Bloomberg News reported.
January 9, 2013Business, Logistics
November Trailer Orders Decline From Strong Year-Ago Performance
Orders for new U.S. trailers tumbled 22.8% to 22,306 in November from the same month in 2011, when new orders hit a recent peak, but manufacturers said they remained very busy at the end of 2012.
January 7, 2013Business, Logistics
Intermodal Traffic Up 3.2% for Year
U.S. rail intermodal traffic rose 3.2% to 12.3 million containers and trailers in 2012 from the year before, the second highest total on record, the Association of American Railroads said.
January 4, 2013Business, Logistics
Intermodal Traffic Gains 10.2% for Week
U.S. rail intermodal traffic rose 10.2% last week over the same week a year ago, the Association of American Railroads said.
December 28, 2012Business, Logistics
Consumer Confidence Falls in December
Consumer confidence declined in December, the New York-based Conference Board said Thursday.
December 27, 2012Business, Logistics
Intermodal Growth Surges on Truckload Freight Conversion
Intermodal business continued to grow in 2012, powered by the combination of truckload freight migrating to rail long hauls, expanded Eastern truck/rail options and continued reliability improvements, industry experts said.
December 24, 2012