A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.
May 30, 2012Search
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Fleets Weigh Creating Pool to Run Intermodal Chassis
The Intermodal Motor Carriers Conference, dissatisfied with developments in the freight chassis business, is considering establishment of a trucker-based pool that would be the first of its kind, the conference’s executive director said.
June 4, 2012Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Trimac to Acquire Ontario Bulk Carrier
Canadian bulk trucking company Trimac Transportation said it will acquire Ontario-based specialized bulk carrier Liquid Cargo Lines.
May 31, 2012Radiant Logistics Opens Center in Charlotte
Radiant Logistics Inc. has opened a new location in Charlotte, N.C., for its Distribution by Air network.
June 1, 2012Intermodal Traffic Rises 4.3% for Week
U.S. intermodal traffic rose 4.3% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 1, 2012Consumer Confidence Falls to Four-Month Low
Consumer confidence fell to a four-month low in May, the New York-based Conference Board said.
May 30, 2012FedEx to Acquire Brazilian Logistics Company
FedEx Corp. said it has signed an agreement to acquire Brazilian transportation and logistics company Rapidão Cometa LogÃstica e Transportes S.A. to boost its Latin American business.
May 29, 2012Consumer Confidence Reaches Highest Since 2007
Consumer confidence rose in May to the highest level in nearly five years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
May 25, 2012April Trailer Orders Rise 12% After 3 Straight Monthly Drops
Trailer orders staged a comeback last month after three straight monthly declines, climbing 12% above both the year-earlier month and March, as fleets stepped up the pace of replacing older equipment, ACT Research reported.
May 28, 2012Intermodal Traffic Rises 3.1% for Week
U.S. intermodal traffic rose 3.1% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 25, 2012