Intermodal volume rose 0.9% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.
July 19, 2013Search
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Transport Canada Enacts Emergency Rail Safety Rules in Wake of Quebec Crash
Transport Canada announced emergency railway safety rules in the wake of a deadly freight train crash in Quebec earlier this month.
July 24, 2013Hub Group’s Profit Rises on Stronger Logistics, Intermodal Operations
Hub Group Inc. reported higher second-quarter earnings on improved revenue at its intermodal and logistics units.
July 19, 2013Kansas City Southern’s 2Q Income Drops
Kansas City Southern’s second-quarter net income fell to $15 million, or 14 cents a share, from $120 million, or $1.09, a year ago.
July 19, 2013XPO Agrees to Buy 3PD for $365 Million, Its Eighth Acquisition in 18 Months
Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.
July 22, 2013South Florida Logistics Co. Appoints New CEO
South Florida Logistics Services said it has hired 30-year industry veteran Chris Scott as its new CEO.
July 19, 2013Union Pacific Reports Record 2Q Profit
Union Pacific Corp. said Thursday its second-quarter profit rose 10% to an all-time high, despite carloads dipping 1% in in the quarter.
July 18, 2013Mexico Plans to Invest $100 Billion in Ports, Rail, Roads
The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.
July 17, 2013CSX Reports Higher Second-Quarter Profit
CSX Corp.’s second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.
July 17, 2013XPO Logistics to Buy 3PD for $365 Million
XPO Logistics said Monday it has agreed to buy supply chain services company 3PD Inc. for about $365 million.
July 15, 2013