Intermodal traffic rose 6.4% last week from a year ago, the Association of American Railroads reported.
June 17, 2011Search
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Express-1 Gets $150 Million Buyout Offer
An investor announced plans this week to take control of Express-1 Expedited Solutions, in order to expand the brokerage and forwarding business.
June 17, 2011Descartes Systems Buys Telargo for C$9.6 Million
Descartes Systems Group, a supplier of logistics technology, has acquired Telargo Inc. for about C$9.6 million in cash.
June 17, 2011Geodis Wilson Buys One Source Logistics
Dutch freight forwarder Geodis Wilson has acquired U.S. logistics provider One Source Logistics to expand its U.S. presence.
June 17, 2011ATA Names New VP of Legislative Affairs
American Trucking Associations said it has hired Caroline Decker as its new vice president of legislative affairs.
June 15, 2011L.A. Port Volume Rises in May
The Port of Los Angeles said its May import cargo volume rose 5.5% from a year ago, to almost 361,000 20-foot equivalent units.
June 15, 2011Industrial Production Rises 0.1% in May
Industrial production rose 0.1% in May as factory output rose but utility output declined, the Federal Reserve said Wednesday.
June 15, 2011Consumer Price Index Rises 0.2% in May
The consumer price index rose 0.2% in May, the Labor Department said Wednesday.
June 15, 2011Oil Holds Under $95 a Barrel
Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.
June 16, 2011Business Inventories Rise 0.8% in April
Business inventories rose 0.8% in April, the Commerce Department said Tuesday.
June 14, 2011