U.S. intermodal traffic rose 3.5% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 9, 2011Search
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Jobless Claims Drop to Nine-Month Low
Initial jobless claims fell by 23,000 last week to 381,000, the fewest since February, the Labor Department said Thursday.
December 8, 2011C.H. Robinson Boosts Quarterly Dividend
C.H. Robinson Worldwide announced late Thursday that its board has declared an increase to its regular quarterly cash dividend.
December 8, 2011Echo Global Logistics Buys Intermodal Company
Echo Global Logistics has announced聽its acquisition of Trailer Transport Systems, an intermodal marketing company, to enhance Echo鈥檚 truck/rail service offerings.
December 8, 2011Alisam Freight Management Acquires Plains Transportation
Alisam Freight Management, a San Antonio logistics company, said it has acquired motor carrier Plains Transportation Inc., Amarillo, Texas, for an undisclosed sum.
December 8, 2011Georgia Flatbed Hauler Buys Brokerage
Georgia flatbed hauler Bennett Motor Express has acquired logistics and brokerage company Best Ways Brokerage for an undisclosed sum.
December 8, 2011ATA Hires New Chief Financial Officer
American Trucking Associations has hired Karla Hulett as its new chief financial officer.
December 7, 2011Icahn Sees Positives in Potential Navistar-Oshkosh Merger
Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would 鈥渂e a good merger鈥 that would 鈥渃reate a lot of synergies.鈥
December 7, 2011Paccar Sets Special Dividend
Truck and engine maker Paccar Inc.鈥檚 board of directors聽has declared an extra cash dividend of 70 cents per share.
December 7, 2011Oil Holds Over $100 a Barrel as Inventories Rise
Oil held over $100 a barrel for a sixth trading day Wednesday as inventories rose last week, Bloomberg reported.
December 7, 2011