Third-quarter intermodal traffic volume was 3.2% higher than a year ago, led by an 11.3% jump in domestic containers, the Intermodal Association of North America said.
November 6, 2012Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Expeditors’ Third-Quarter Profit Declines
Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit declined from a year ago on a “convergence of industry challenges.”
November 6, 2012FMCSA Sets Team to Help Get Trucks to Hurricane Sandy Relief Effort
The Federal Motor Carrier Safety Administration said it has set up an “interstate petroleum transport team” to ensure the fastest and most efficient movement of fuel to regions hard hit by Hurricane Sandy.
November 6, 2012ATA Driver Shortage Analysis Warns of Longer-Term Trends
American Trucking Associations released an analysis of the truck driver shortage, concluding that while the shortage is acute and limited to the truckload sector, long-term trends could cause it to explode in the next decade.
November 6, 2012XPO Logistics Reports 3Q Loss
XPO Logistics reported a third-quarter loss of $3.1 million or 22 cents per share, compared with net income of $190,000 and a loss of $5.38, a year ago.
November 6, 2012Keen Transport Promotes Chris Easter to President
Keen Transport said it has promoted Chris Easter to president and chief operating officer.
November 6, 2012East Coast Refineries Struggle to Resume Full Operations in Wake of Sandy
Several East Coast refineries were struggling to resume full operations following Hurricane Sandy, as gasoline and diesel supplies in the New York and New Jersey region ran low and filling stations attempted to come back online in the two states, news services reported.
November 5, 2012Roadrunner Buys Central Cal Transportation
Roadrunner Transportation Systems said Monday it has acquired intermodal transportation company Central Cal Transportation for about $4 million.
November 5, 2012Gasoline Plunges 21¢ to $3.55 a Gallon, Lundberg Survey Reports
Gasoline fell almost 21 cents in the past two weeks to $3.55 a gallon, according to the latest Lundberg survey of filling stations released Sunday, while oil held near a four-month low in the wake of Hurricane Sandy.
November 5, 2012ISM Services Index Slips in October
An index of the U.S. economy’s service sector declined in October, the Institute for Supply Management said Monday.
November 5, 2012Trending
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