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Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

October 17, 2011

FedEx Ground Expands Network with New Distribution Hub

FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.

October 13, 2011

Menlo Launches Transportation Services

Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.

October 13, 2011

Clark Holdings Shareholders to Vote on Buyout

Logistics firm Clark Holdingsis planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.

October 12, 2011

Schneider Launches Canadian Intermodal Service

Schneider National has launched a new intermodal Canadian border-crossing service for North American shippers.

October 12, 2011

Trailer Orders Gain 10%; Analysts Say Market Easing

Trailer manufacturers said they received 12,524 net orders in August, a 10% increase from a year ago, but below July’s level, ACT Research Co. reported last week.

October 10, 2011

Transplace Wins Contract With Elementis

Transplace has announced that chemicals maker Elementis Specialties Inc. has selected it to handle its domestic transportation. No contract terms were revealed.

October 6, 2011

XPO Logistics Plans $500 Million Share Sale

XPO Logistics Inc. intends to sell as much as $500 million in securities to the public, the firm said in aSecurities and Exchange Commission filing.

October 7, 2011

Provident Energy Acquires Two-Thirds Interest in Three Star Trucking

Provident Energy announced it has completed its acquisition of a two-thirds interest in Three Star Trucking, a Saskatchewan-based oilfield hauling company serving crude oil producers.

October 5, 2011

Intermodal Traffic Rises 4.4% for Week

U.S. intermodal traffic rose 4.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 7, 2011