New trailer orders rose 18% in January from a year ago to 29,853 units, ACT Research reported.
February 26, 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
Intermodal Rail Volume Drops 15.7%
U.S. rail intermodal traffic fell for the third straight week, declining 15.7% in the week ended Feb. 21 compared with the same week last year, the Association of American Railroads reported.
February 25, 2015Expeditors Raises Earnings 19% as Shipments, Margins Grow
Expeditors International of Washington Inc. raised fourth-quarter net income 19% to $99.4 million, or 51 cents per share, as ocean and air freight shipments, and profit margins improved.
February 24, 2015Safety Groups Petition NHTSA for Collision Avoidance Systems
Several nonprofit safety groups have asked the National Highway Traffic Safety Administration to mandate collision avoidance and mitigation braking systems for new heavy trucks and buses.
February 23, 2015Canadian National Workers Set Strike Vote
Unifor, a labor union that represents about 4,800 workers at Canadian National Railway, said it will begin strike votes next week after five months of talks failed to produce an agreement.
February 20, 2015Universal Truckload Earnings Drop 7% in 4Q
Universal Truckload Services Inc. said fourth-quarter net income fell 7% to $10.5 million, or 35 cents per share, as profits fell at its logistics business.
February 20, 2015Neptune Orient Lines to Sell APL Logistics for $1.2 Billion
Singapore-based Neptune Orient Lines has agreed to sell its APL Logistics business unit to Japanese shipping firm Kintetsu World Express for $1.2 billion.
February 18, 2015XPO Narrows Loss, Boosts Revenue, Sets Targets
XPO Logistics Inc. narrowed its fourth-quarter loss to $9.9 million, excluding a charge related to an equity offering, while continuing its path of rapid revenue growth.
February 18, 2015Intermodal Rail Traffic Declines for Second Consecutive Week
U.S. rail intermodal traffic fell for the second straight week, declining 0.1% in the week ended Feb. 14 compared with the same week last year, the Association of American Railroads reported.
February 19, 2015Canadian Pacific Stoppage Ended by Binding Arbitration
A two-day strike at Canadian Pacific Railway Ltd. by the Teamsters Canada Rail Conference ended when both sides agreed to binding arbitration to end a dispute covering approximately 3,000 train crew workers.
February 17, 2015