U.S. rail intermodal traffic increased 10.6% in the week ended March 22 compared with the same week last year, the Association of American Railroads reported.
March 28, 2014Business, Logistics
Intermodal Rail Traffic Rises 10.6% for Week
Special Coverage, Business, Logistics
Utility Forecasts Strong Year for Trailer Sales
LOUISVILLE, Ky. — A top official at Utility Trailer Manufacturing Co. said he expects sales to reach 40,000 units this year, exceeding the company’s record of 38,628 units sold last year.
March 27, 2014Business, Logistics
TransForce Wraps Purchase of Vitran
TransForce Inc. said it has completed its acquisition of Canadian less-than-truckload carrier Vitran Corp.
March 27, 2014Special Coverage, Business, Logistics
Heil Plans to Re-Enter Stainless-Steel Trailer Market
LOUISVILLE, Ky. — Heil Trailer International announced plans to re-enter the market for stainless steel tank trailers as part of an effort to expand and diversify the market for the company’s products.
March 26, 2014Government, Business, Logistics
Obama Signs Bill Easing Restrictions for Propane Delivery
President Obama has signed into law legislation intended to help provide emergency relief during the propane and home-heating fuels crisis.
March 24, 2014Business, Logistics
February Trailer Orders Jump 67.6%
February trailer orders jumped 67.6% from a year ago as fleets moved forward with equipment purchasing plans amid tightening capacity and higher freight demand, ACT Research reported.
March 21, 2014Business, Logistics
Ocean Shipper Horizon Lines Reports 4Q Loss
Ocean shipper Horizon Lines reported a fourth-quarter loss of $14 million, or 36 cents a share, compared with a loss of $17.9 million, or 52 cents, a year earlier.
March 21, 2014Business, Logistics
Intermodal Rail Traffic Jumps 11.9% for Week
U.S. rail intermodal traffic increased 11.9% in the week ended March 15 compared with the same week last year, the Association of American Railroads reported.
March 21, 2014Business, Logistics
Coyote Logistics, Access America to Merge
Third-party logistics providers Coyote Logistics and Access America Transport announced a merger to create one of the nation’s largest freight brokers with annual gross revenue exceeding $2 billion as consolidation continues in that industry.
March 19, 2014Business, Logistics
Largest Chassis Providers Propose Plans to Pool Equipment, Offer Drayage Service
New strategies proposed by the three largest intermodal equipment providers to cope with the ongoing chassis market evolution could create new opportunities — or challenges — for drayage carriers.
March 17, 2014