U.S. intermodal traffic rose 3.8% last week over the same week a year ago, the Association of American Railroads reported.
October 12, 2012Business, Logistics
Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Business, Logistics
Meritor Axles Named Standard Equipment on Wabash Trailers
Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.
October 17, 2012Business, Logistics
Norfolk Southern Opens Alabama Intermodal Terminal
Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.
October 17, 2012Business, Government, Logistics
Consumer Confidence Rises in October
Consumer confidence rose in October, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 12, 2012Business, Logistics
Intermodal Traffic Gains 3.8% for Week
Business, Logistics
So. California Intermodal Yard Advances After Port of L.A. Clears BNSF Project
BNSF Railway’s intermodal container project in Southern California took a step forward late last month, when a revised environmental impact statement was issued that supports construction of the $500 million project.
October 11, 2012Business, Logistics
Shippers Adjust Capacity as Global Trade Slows
ATLANTA — A slowdown in global trade is forcing shippers and carriers to make adjustments in inventory and freight hauling capacity, transportation and supply chain experts said at the Council of Supply Chain Management Professionals annual conference here last week.
October 8, 2012Business, Logistics
Intermodal Traffic Gains 2.5% for Week
U.S. intermodal traffic rose 2.5% last week over the same week a year ago, the Association of American Railroads reported.
October 5, 2012Business, Logistics
XPO Logistics Raises Funds, Says Results to Lag Forecasts
XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.
October 4, 2012Business, Logistics
Universal Buys Logistics Firm for $335 Million
Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.
October 3, 2012