Intermodal volume rose 0.9% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.
July 19, 2013Search
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XPO Agrees to Buy 3PD for $365 Million, Its Eighth Acquisition in 18 Months
Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.
July 22, 2013
TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
South Florida Logistics Co. Appoints New CEO
South Florida Logistics Services said it has hired 30-year industry veteran Chris Scott as its new CEO.
July 19, 2013Union Pacific Reports Record 2Q Profit
Union Pacific Corp. said Thursday its second-quarter profit rose 10% to an all-time high, despite carloads dipping 1% in in the quarter.
July 18, 2013Mexico Plans to Invest $100 Billion in Ports, Rail, Roads
The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.
July 17, 2013CSX Reports Higher Second-Quarter Profit
CSX Corp.’s second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.
July 17, 2013XPO Logistics to Buy 3PD for $365 Million
XPO Logistics said Monday it has agreed to buy supply chain services company 3PD Inc. for about $365 million.
July 15, 2013U.S., Canada Truckers Eye Cabotage Change to Liberalize Movement of Empty Trailers
U.S. and Canadian trucking officials said an agreement allowing truckers to move empty trailers within the other country could result from their governments’ efforts to improve cross-border trade.
July 15, 2013United Vision Logistics Restructures
Heavy-haul and hazardous-materials carrier United Vision Logistics said it has reorganized its ownership.
July 11, 2013Weekly Intermodal Traffic Increases 1.1%
Weekly intermodal volume increased by 1.1% for the week ended Saturday from a year ago, the Association of American Railroads reported.
July 12, 2013