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XPO to Buy Web-Based Freight Auction Site From Landstar System for $87 Mln. in Cash

XPO Logistics Inc. said it has agreed to purchase NLM, a Web-based freight auction site, from Landstar System Inc. for $87 million in cash.

December 16, 2013

XPO Agrees to Buy Landstar Unit for $87 Million

XPO Logistics Inc. said Dec. 11 it has agreed to purchase NLM, a web-based expediter, from Landstar System for $87 million in cash.

December 11, 2013

Most Top Trucking Companies Use Social Media, Study Says

Major U.S. trucking companies are now widely using social media, but not as much as other business-to-business firms, according to a new study by trucking technology supplier Carrier Logistics Inc.

December 2, 2013

Consumer Confidence Rises to Five-Month High

Consumer confidence rose to the highest level in five months, according to the Thomson Reuters/University of Michigan consumer sentiment index released Dec. 6.

December 6, 2013

Intermodal Rail Traffic Highest on Record in November

The weekly average intermodal rail volume for November rose to the highest level on record, the Association of American Railroads reported.

December 6, 2013

U.S. Trailer Orders Increase 5.7%; October Total Is Year’s Highest

Trailer orders climbed 5.7% in October to 24,910, the highest level so far in 2013, as fleets kept to their pattern of boosting acquisitions in the fall, ACT Research reported.

December 2, 2013

JF Hillebrand Buys Satellite Logistics

Satellite Logistics Group said it has been purchased by JF Hillebrand Group AG, a company based in Mainz, Germany, that provides beverage logistics services globally. Terms were not disclosed.

November 26, 2013

October Trailer Orders Increase 6%

Trailer orders rose 6% in October from a year ago to 24,900 units, ACT Research Co. reported.

November 25, 2013

Intermodal Leaders See Growth Opportunities In Mexico, the East and Refrigerated Freight

HOUSTON — Intermodal transportation continues to see growth opportunities in Mexico, the eastern region of the United States, temperature-controlled service and partnerships with brokers.

November 25, 2013