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Intermodal Rail Traffic Rises for 14th Consecutive Week

Intermodal rail volume for the week ended Oct. 5 rose 6.2%, from the same period last year, the 14th consecutive rise, the Association of American Railroads reported.

October 11, 2013

Expeditors CEO Peter Rose to Retire in March

Peter Rose, CEO of Expeditors International of Washington Inc., will retire in March after 35 years with the company, he announced in an Oct. 8 statement.

October 8, 2013

Gasoline Price Falls 13.8 Cents, Lundberg Survey Says

Gasoline’s national average price decreased 13.8 cents in the past two weeks to $3.383 a gallon, according to the latest Lundberg Survey of filling stations.

October 7, 2013

Shippers Support Higher Truck Weights, More Rail Competition at House Hearing

Heavier allowable truck weights and greater competition in the railroad industry would improve freight operations and make U.S. manufacturers more competitive globally, representatives of large shippers told a congressional panel last week.

October 7, 2013

Intermodal Rail Traffic Rises 4.4% in Sept.

Intermodal rail volume rose 4.4% in September from the same month a year ago, the Association of American Railroads reported Oct. 3.

October 4, 2013

Radiant Logistics’ 4Q Income Rises

Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income increased from a year ago, the company said.

September 30, 2013

Trailer Orders Rebound During August, But Still Lag Year-Ago Pace, Report Says

Trailer orders rose 4.1% in August from a year earlier to 15,780, the highest level in four months, ACT Research reported.

September 30, 2013

Intermodal Rail Traffic Rises 3.4% for Week

Intermodal rail volume rose 3.4% for the week ended Sept. 21 from the same week a year ago, the Association of American Railroads reported.

September 27, 2013

Consumer Confidence Declines in September

Consumer confidence declined in September, the New York-based Conference Board said Sept. 24.

September 24, 2013

Jacobson Cos. Wins Loan to Move HQ

Jacobson Cos., a Des Moines, Iowa-based logistics company, received approval for a $250,000 loan from the Iowa Economic Development Authority to move its headquarters to a western Des Moines suburb, the Associated Press reported.

September 23, 2013