RoadOne IntermodaLogistics said it has received an investment from Tritium Partners, a private equity firm based in Austin, Texas.
June 17, 2015Search
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TT Archives: Labor Contract
The first National Master Freight Agreement between the Teamsters union and representatives of more than 1,000 trucking companies was signed in Chicago on Jan. 15, 1964.
June 15, 2015Trinity Industries Must Pay $663 Million in Guardrail Defect Case
Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, must pay $663 million for defrauding the U.S. government.
June 10, 2015Intermodal Rail Traffic Rises to Second-Highest Level This Year
U.S. rail intermodal traffic rose to the second-highest level this year for the week ended June 6, the Association of American Railroads reported.
June 10, 2015XPO Logistics Acquires Norbert Dentressangle Shares
XPO Logistics Inc. announced it has acquired control of French logistics operator Norbert Dentressangle SA by acquiring the 67% ownership stake held by founder Norbert Dentressangle and his family.
June 8, 2015Consumer Comfort Falls to Lowest Level Since November
Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize.
June 4, 2015Intermodal Rail Traffic Surpasses Carloads for First Month on Record
U.S. rail intermodal traffic surpassed carload volume in May for the first month on record, the Association of American Railroads reported.
June 4, 2015Echo Global Completes Purchase of Command Transportation
Echo Global Logistics Inc. has completed its previously announced $420 million acquisition of Command Transportation, combining two of the eight largest freight brokerage firms in North America.
June 2, 2015XPO Plans Note Sale Linked to Acquisitions
XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.
June 1, 2015DHL Investing $108 Million to Expand Northern Kentucky Airport Hub
DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.
May 29, 2015