U.S. intermodal traffic rose 3.5% last week over the same week a year ago, the Association of American Railroads reported.
October 26, 2012Search
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Carriers Seek Lower Maintenance Costs Through Advanced Trailer Design, Products
The makers of aerodynamic add-ons for truck trailers are focused on more than just improving fuel economy. They also must cut down fleets’ maintenance costs so fuel savings are not eaten up in the repair shop, manufacturers and carrier executives have said.
October 29, 2012
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Trailer Orders Inch Up 1.8%; OEMs Foresee Pickup in Sales
Trailer orders inched up 1.8% in September from a year ago to 16,990, ACT Research reported, and manufacturers said they expect order intake to continue growing in the final months of the year.
October 29, 2012XPO Buys Turbo Logistics for $50 Million
XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.
October 25, 2012XPO Reports It Is on Course to Hit $500 Million in Revenue
XPO Logistics is on course to reach $500 million in annual revenue by year-end, buoyed by the recent purchase of Kelron Logistics, which will add more than $100 million annually to sales, said Bradley Jacobs, XPO’s chief executive officer.
August 15, 2012England Logistics Buys Freight Broker
Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.
October 25, 2012TransForce Reports Higher 3Q Profit
Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.
October 24, 2012Swift’s 3Q Net Income Falls
Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.
October 23, 2012Kansas City Southern’s 3Q Income Falls
Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.
October 19, 2012Menlo Awarded Contract Extension from DOD for Outsourcing Military Freight Shipments
The U.S. Transportation Command said it has awarded Menlo Worldwide Logistics a one-year extension on its contract to outsource military freight shipments nationwide.
October 22, 2012