XPO Logistics said it has agreed to acquire Con-way Inc. for $3 billion to broaden its supply chain offerings into less-than-truckload and U.S. truckload freight and create a company with annual revenue of $15 billion.
September 11, 2015Search
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Safety Deadline May Exempt US Railroads From Freight-Hauling Obligations
U.S. railroads may not be obligated under federal law to carry freight including crude oil and hazardous materials starting Jan. 1 if they fail to meet a year-end deadline for implementing new train safety technology, according to a top federal regulator.
September 8, 2015White House to Appoint Former NY Transportation Chief to Infrastructure Advisory Council
Former New York state Department of Transportation Commissioner Joan McDonald will be appointed to a post on the National Infrastructure Advisory Council, the White House announced in late August.
September 8, 2015Ocean Carrier CMA CGM Boosts Profit
French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.
September 8, 2015National Retail Systems, Ikea Launch Electric Drayage Tractor
Logistics provider National Retail Systems Inc. launched a zero-emission electric drayage operation for Ikea Distribution Services North America in Los Angeles.
September 8, 2015Consumer Comfort Eases as Attitudes on Economy Falter
Consumer confidence in the United States eased last week, with Americans becoming more pessimistic about the state of the economy as global financial markets turned south.
September 3, 2015Intermodal Rail Traffic Rises in August
U.S. rail intermodal traffic increased 3.6% in August compared with the same month the prior year, the Association of American Railroads reported.
September 3, 2015Foxx, Hoffa, Barbour to Talk Infrastructure at Press Club on Sept. 9
The need to fund infrastructure projects nationwide will be discussed at the National Press Club on Sept. 9 during a panel featuring Transportation Secretary Anthony Foxx, Teamsters President James Hoffa and former Mississippi Gov. Haley Barbour (R).
September 3, 2015Trinity Guardrail to Undergo Further Testing in Virginia
Trinity Industries Inc.’s guardrail system will undergo additional crash testing by the state of Virginia, raising new questions about a device on roadways across the country.
August 28, 2015Developers Converting Shipping Containers Into Structures for Business, Residential Use
There is nothing glamorous about shipping containers. Their existence generally is one of sheer duty, hauling cargo from one point to another.
August 31, 2015