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Trimac to Acquire Ontario Bulk Carrier

Canadian bulk trucking company Trimac Transportation said it will acquire Ontario-based specialized bulk carrier Liquid Cargo Lines.

May 31, 2012

Intermodal Traffic Rises 4.3% for Week

U.S. intermodal traffic rose 4.3% for the week ended Saturday from a year ago, the Association of American Railroads said.

June 1, 2012

Consumer Confidence Falls to Four-Month Low

Consumer confidence fell to a four-month low in May, the New York-based Conference Board said.

May 30, 2012

CP Railroad Strike Likely to Continue Through Friday

A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.

May 30, 2012

FedEx to Acquire Brazilian Logistics Company

FedEx Corp. said it has signed an agreement to acquire Brazilian transportation and logistics company Rapidão Cometa Logística e Transportes S.A. to boost its Latin American business.

May 29, 2012

Consumer Confidence Reaches Highest Since 2007

Consumer confidence rose in May to the highest level in nearly five years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

May 25, 2012

April Trailer Orders Rise 12% After 3 Straight Monthly Drops

Trailer orders staged a comeback last month after three straight monthly declines, climbing 12% above both the year-earlier month and March, as fleets stepped up the pace of replacing older equipment, ACT Research reported.

May 28, 2012

Intermodal Traffic Rises 3.1% for Week

U.S. intermodal traffic rose 3.1% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 25, 2012

Strike Halts CP Rail Freight in Canada

Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.

May 23, 2012