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Rail Intermodal Shipments Hit Record

U.S. rail intermodal traffic set a record last week of 12.4 million shipments in a year, surpassing the previous mark of 12.28 million set in 2006.

December 19, 2013

Schneider National Launches Intermodal Chassis Fleet

Schneider National Inc. said it is launching a new company owned and managed fleet of intermodal freight chassis.

December 17, 2013

Radiant Logistics Announces Stock Sale

Radiant Logistics Inc. announced the sale of $20 million worth of preferred stock, with the intent of paying off a balance owed for senior subordinated notes.

December 16, 2013

Diesel Price Dips 0.4¢ to $3.879, Resumes Slide After Two Gains

U.S. diesel prices dipped 0.4 cent to a national average of $3.879 a gallon, ending two weeks of increases that were the fuel’s only upturns in the past three months, the Department of Energy reported Dec. 9.

December 16, 2013

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

Intermodal Rail Volume Rises 9.4% for Week

Intermodal rail volume for the week ended Dec. 7 rose 9.4% from the same period last year, the Association of American Railroads reported.

December 13, 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