Intermodal traffic volume rose 5.8% in the first quarter from a year ago, the Intermodal Association of North America said.
May 9, 2012Business, Logistics
Caterpillar Selling Majority Stake in Logistics Unit
Heavy-equipment maker Caterpillar Inc. said it is selling a majority stake in its third-party logistics business to Platinum Equity for $750 million.
May 10, 2012Business, Logistics
First-Quarter Intermodal Volume Gains 5.8% Year-Over-Year
Business, Logistics
Intermodal Traffic Rises 5.5% for Week
U.S. intermodal traffic rose 5.5% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 4, 2012Business, Logistics
Expeditors’ First-Quarter Profit Declines
Logistics firm Expeditors International of Washington said its first-quarter profit declined from a year ago as air freight volumes fell.
May 4, 2012Business, Logistics, Equipment
Trailer Orders Surge Cools, but Manufacturers Stay Busy
New orders for trailers continued at a strong pace in March, despite dropping 30% from a year ago, ACT Research Co., Columbus, Ind., reported, adding that total orders for the first quarter were down just 1% from the strong performance in the first three months of 2011.
April 30, 2012Government, Business, Safety, Logistics, Autonomous
Swift Opposes Advocating Heavier Trucks on U.S. Interstates, CEO Moyes Says
MISSISSAUGA, Ontario — Swift Transportation Inc. opposes the trucking industry’s lobbying efforts toward allowing heavier trucks on interstate highways in the United States, the company’s CEO told a gathering of Canadian trucking executives.
April 30, 2012Business, Safety, Government, Logistics
TransForce Earnings, Revenue Improve
Canadian transportation firm TransForce Inc. said its first-quarter profit improved, boosted by acquisitions.
April 27, 2012Business, Government, Logistics
Consumer Confidence Reaches Highest in a Year
Consumer confidence rose in April to the highest level in a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 27, 2012Business, Logistics
Intermodal Traffic Rises 6% for Week
U.S. intermodal traffic climbed 6% for the week ended Saturday from a year ago, the Association of American Railroads said.
April 27, 2012Business, Logistics
Universal Truckload’s Profit Improves
Universal Truckload Services’ first-quarter net income rose to $3.6 million, or 23 cents a share, from $2.9 million, or 19 cents, a year ago.
April 27, 2012