Weekly U.S. intermodal rail traffic declined from the same period last year for the first time in five months, but increased in July, the Association of American Railroads reported.
August 6, 2015Search
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XPO Sets $23 Billion Revenue Target, Reports 2Q Loss
Fast-growing XPO Logistics Inc., which grew to a $9 billion annual revenue business from $175 million less than four years ago, has set a $23 billion annual revenue target by the end of 2019, CEO Bradley Jacobs told Transport Topics on Aug. 5.
August 5, 2015
TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Shale Boom Nudges Propane-Powered Trucks From Dream to Reality
For almost 80 years, Blue Star Gas distributed propane throughout the U.S. West Coast on trucks mostly powered by gasoline. Now the company is working to convert its 55 vehicles to run on the same stuff it delivers.
August 5, 2015R.R. Donnelley To Split Into Three Companies
R.R. Donnelley & Sons Co., one of the nation’s largest publishers and marketing and communications firms, said it will split into three separate, publicly traded companies in an effort to strengthen its market position and pursue growth.
August 4, 2015International Cargo Drives Intermodal Freight Up 4.5% in 2Q
Increased international cargo propelled intermodal freight 4.5% higher in the second quarter, driven by a combination of stronger imports and recovery from early 2015 port disruptions, the Intermodal Association of North America reported.
August 5, 2015Swift Amends Credit, Term Loans
Swift Transportation Co. has amended its credit agreement to add $150 million to its revolving credit facility and revised term loans, the company announced in a Securities and Exchange Commission filing.
August 3, 2015Two US Railroads Advance Intermodal Projects
CSX Corp. and Kansas City Southern have announced new facility advancement projects that are intended to handle more truck/rail freight.
August 3, 2015June Trailer Orders Jump
New trailer orders surged to nearly 27,900 units in June, defying normal seasonal patterns as fleets booked early commitments for 2016 production, ACT Research said.
August 3, 2015Consumer Sentiment Falls in July on Weaker Expectations
Consumer confidence retreated in July as Americans’ expectations deteriorated to an eight-month low.
July 31, 2015Union Pacific’s Fritz to Become Chairman on Oct. 1
Union Pacific Corp. selected CEO Lance Fritz to become its chairman Oct. 1 when Jack Koraleski retires from the post after 43 years at the railroad.
July 31, 2015