It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump.
August 17, 2016Search
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Providence and Worcester Railroad Sold for $125 Million
Genesee & Wyoming Inc. has an agreement to buy Worcester’s Providence and Worcester Railroad Co. under a $125 million deal unveiled Aug. 15.
August 16, 2016World’s Biggest Shipping Firm Warns Against US Protectionism
A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.
August 16, 2016Railroad Regulators Award $25 Million for Automatic Braking System
Railroad operators around the country got a boost from federal regulators in their efforts to implement the automatic braking system known as positive train control.
August 16, 2016Americold Completes Purchase of Another Georgia Facility
Temperature-controlled warehousing and logistics company Americold has wrapped up the purchase of a storage facility that bolsters its Georgia-based network to 15 facilities.
August 15, 2016Transportation Insight Launches BirdDog Logistics
Logistics provider Transportation Insight is rebranding its transactional freight brokerage market as BirdDog Logistics.
August 15, 2016Trailer Orders Fall to Below 10,000 in July
U.S. trailer orders in July fell to less than half of what they were a year earlier as seasonal weakness and cautious fleets still eyeing a lackluster economy cut demand more than expected, ACT Research Co. reported.
August 15, 2016Editorial: One Champion, But Many Winners
By the time you read this, a new grand champion will have been crowned at the National Truck Driving Championships in Indianapolis.
August 15, 2016Intermodal Shipments Fall 6.1% in 2Q
Intermodal freight shipments fell 6.1% in the second quarter from a year earlier, ending a string of 25 consecutive quarterly increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.
August 15, 2016Driver-Focused Designs
The annual National Truck Driving Championships kicked off Aug. 10 in Indianapolis. To coincide with Transport Topics’ coverage of the “Super Bowl of Safety,” this edition of Equipment & Maintenance Update features stories focused on drivers’ needs and concerns, including those related to comfort, safety and health.
August 10, 2016