Intermodal rail volume for April rose 9% compared with the same time last year, the 53rd consecutive year-over-year monthly increase, the Association of American Railroads reported.
May 9, 2014BusinessLogistics
Expeditors First-Quarter Profits Rise 4%
Expeditors International of Washington’s first-quarter profit rose 4% from a year ago, and the company said it is “very encouraged by how the first quarter finished up.â€
May 8, 2014BusinessLogistics
Ceva Logistics Reports Higher First-Quarter Earnings
Ceva Logistics, a Netherlands-based logistics operator, said its first-quarter results improved over 2013.
May 6, 2014BusinessLogistics
Intermodal Shipments Rise 2.6%, IANA Reports
The Intermodal Association of North America said that intermodal volume in the first quarter rose 2.6% in spite of winter weather that slowed economic activity.
May 5, 2014BusinessLogisticsEquipment
Interstate Distributor to Install Tracking Technology on Trailer Fleet
SkyBitz said its trailer-tracking system has been selected by Interstate Distributor for its fleet of trailers.
May 5, 2014BusinessLogistics
March Trailer Orders Soar 71.6%, ACT Says
Trailer orders surged 71.6% in March from a year earlier as freight growth, tight capacity and improving carrier profits continued to drive demand for new equipment, ACT Research reported.
May 5, 2014BusinessLogistics
Weekly US Intermodal Rail Traffic Rises 6.7%
U.S. rail intermodal traffic increased 6.7% in the week ended April 26 compared with the same week last year, the Association of American Railroads reported.
May 2, 2014BusinessLogistics
XPO Loss Widens; Revenue Jumps
XPO Logistics Inc. reported a first-quarter loss that nearly doubled from the same period last year, as revenue rose at the company.
May 2, 2014SafetyBusinessLogistics
CSX Derailment Could Boost Crude Train Regulation
A CSX Corp. train derailment in Lynchburg, Virginia, on April 30 that sparked a fire when crude oil tanks ignited could increase pressure on regulators, railroads and tank-car owners to improve oil shipment safety.
May 1, 2014BusinessLogistics
Wabash National’s 1Q Earnings Rise 27%
Trailer maker Wabash National Corp. reported its first-quarter net income jumped 27% as demand for new trailers strengthened.
April 29, 2014