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, 2015Search
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R.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, 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, 2015Weekly Intermodal Volume Up 2.3%, AAR Reports
Weekly intermodal volume was up 2.3% year-over-year for the week ending July 25, according to the Association of American Railroads.
July 29, 2015Consumer Confidence Drops by Most Since August 2011
Consumer confidence slumped in July by the most since August 2011 as Americans grew less upbeat about prospects for the economy, employment and their finances.
July 28, 2015TT Archives: Truck Weight Bill
In 1975, President Gerald Ford signed into law a bill allowing states to permit higher truck weights on interstate highways, and it’s worth remembering the reason for the measure – a national speed limit of 55 miles-per-hour had crimped productivity for the nation’s truck drivers.
July 27, 2015