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Consumer Sentiment Surges to 11-Year High

Consumer confidence jumped in January to the highest level in 11 years as steady job gains and plunging gas prices brightened the outlook for U.S. households.

January 16, 2015

CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms

CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.

January 14, 2015

Commercial Truck Safety Makes NTSB’s Most Wanted List

WASHINGTON — Strengthening commercial truck safety has made it onto the Most Wanted List of policies and actions issued annually by the National Transportation Safety Board.

January 13, 2015

Penske Petitions US Supreme Court to Overturn Calif. Meal-Break Law

Penske Logistics last week asked the U.S. Supreme Court to overturn an appeals court decision upholding California’s meal-break law.

January 12, 2015

STB to Continue Railroad Reviews, Sidesteps California Emissions Case

The Surface Transportation Board, now reduced to two members, decided to wade further into rail service oversight and stay out of a California rail emissions case.

January 12, 2015

Universal Truckload Appoints New CEO

Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.

January 8, 2015

Intermodal Traffic Rises in December

U.S. rail intermodal traffic increased 3.7% in December compared with the same month the prior year, the Association of American Railroads reported.

January 9, 2015

Farmer Takes Office as IANA Chair

Katie Farmer, group vice president of consumer products at BNSF Railway, has taken office as the first woman to chair the Intermodal Association of North America’s board of directors.

January 8, 2015

ABF Logistics Buys Oklahoma Brokerage Firm

ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million.

January 5, 2015