Union Pacific announced that it has promoted Lance Fritz to CEO from chief operating officer, succeeding John Koraleski, who was named executive chairman.
February 6, 2015Search
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California Court Awards $2.2 Million in Ruling for Pacer Cartage Drivers
A California state court has awarded seven drayage drivers for an XPO Logistics subsidiary $2.2 million in an ongoing battle over worker classification, which could intensify with further legal action.
February 9, 2015Intermodal Rail Traffic Rises to Record Level in January
Intermodal rail traffic rose to an average of 251,267 units per week in January, the highest weekly average for the month on record, the Association of American Railroads reported.
February 5, 2015Cardinal Logistics Appoints Tom White as Chairman
Cardinal Logistics Management Corp. announced it appointed Tom White as executive chairman.
January 30, 2015Weekly Intermodal Rail Traffic Rises, Following First Decline in 11 Months
U.S. rail intermodal traffic increased for the week ended Jan. 24, after the first decline in 11 months, the Association of American Railroads reported.
January 28, 2015TSE Changes Name to Redwood Logistics
Transportation Solutions Enterprises, a Chicago-based company that provides a variety of transportation services, has changed its name to Redwood Logistics.
January 27, 2015Trailer Orders Jump to Record Level in 2014
New trailer orders jumped in December to the second-highest level on record, rounding out the trailer industry’s best year for order placement, according to ACT Research.
January 28, 2015Nev. DOT Hires Consultant for Freight Plan; State Sees Logistics as Economic Development Tool
Nevada’s Department of Transportation commissioned consulting firm Michael Gallis & Associates to prepare a freight plan that could help the state enlarge and diversify its economy.
January 27, 2015Diesel Average Falls Below $3 for First Time Since Sept. 2010
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.
January 26, 2015Plunge in Crude Price Threatens Orders for Rail Tank Cars
Add tank car makers to the list of U.S. industries bracing for the effects from the plunge in crude prices.
January 23, 2015