Swift Transportation Co. said its third-quarter and full-year results will lag analyst forecasts and its own profit guidance because of costs from past accidents and weaker freight volumes in the fourth quarter.
September 25, 2015Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
US Intermodal Rail Traffic Rises Following 13.3% Drop
Weekly U.S. intermodal rail traffic rose 0.6% from the same period last year after declining 13.3% the prior week, the Association of American Railroads reported.
September 25, 2015International Intermodal Re-Emerges as Volume Growth Leader
FORT LAUDERDALE, Fla. — International intermodal freight once again has become the driving force for intermodal growth because factors such as lower diesel prices and suboptimal rail service have slowed the increases in domestic truck/rail freight, experts said.
September 22, 2015N.Y., N.J. Ask US to Pay Half of $20 Billion Rail Tunnel
Govs. Chris Christie of New Jersey and Andrew Cuomo of New York want the federal government to pay half of a $20 billion commuter rail tunnel under the Hudson River.
September 21, 2015GAO Urges Congress to Allow Rail-Safety Deadline Extension
A U.S. watchdog office urged Congress to empower regulators to extend a Dec. 31 deadline for freight and passenger railroads to adopt new safety technology that could prevent major derailments and other deadly crashes.
September 21, 2015More Business Awaits if Intermodal Service Improves Further
FORT LAUDERDALE, Fla. — Railroads have made progress in improving service quality this year, compared with last year’s delay-plagued operations, but they will have to keep improving to win more business from customers, shippers said.
September 21, 2015XPO Logistics Bid for Con-way Could Shake Up LTL Sector
XPO Logistics’ dramatic bid to snatch up trucking capacity by acquiring Con-way Inc. for $3 billion could spawn similar acquisitions by non-asset-based companies, forcing rival less-than-truckload carriers to reassess their strategy and step up their game, LTL leaders said.
September 21, 2015Truckers Receive Thanks
Americans thanked truck drivers in ways big and small as part of National Truck Driver Appreciation Week.
September 21, 2015Norfolk Southern to Cut Back Triple Crown Unit, Reduce Costs
Norfolk Southern Corp. announced it would restructure its truck/rail business known as Triple Crown Services, or TCS, and cut costs by moving to convert most of that unit’s intermodal freight to container equipment.
September 18, 2015Mark Rourke Named Executive VP, COO at Schneider
Schneider has named Mark Rourke executive vice president and chief operating officer for the Green Bay, Wisconsin-based trucking and logistics service provider.
September 17, 2015