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Intermodal Shipments Up 5.8% to 3.48 Million; Highest 1st-Quarter Total on Record, IANA Says

Accelerating domestic demand pushed up first-quarter rail/truck shipments by 5.8% to 3.48 million, setting a record for the first three months of any year, the Intermodal Association of North America reported.

May 14, 2012

Schneider, Pacer Sign New Rail Agreements

Schneider National and Pacer International have announced new intermodal agreements with rail carriers.

May 14, 2012

Caterpillar Selling Majority Stake in Logistics Unit

Heavy-equipment maker Caterpillar Inc. said it is selling a majority stake in its third-party logistics business to Platinum Equity for $750 million.

May 10, 2012

XPO Logistics Reports 1Q Loss, Buys Brokerage Firm

XPO Logistics reported a first-quarter loss and announced its first acquisition, saying it will buy brokerage firm Continental Freight Services for $3.4 million.

May 11, 2012

Intermodal Traffic Rises 3% for Week

U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 11, 2012

First-Quarter Intermodal Volume Gains 5.8% Year-Over-Year

Intermodal traffic volume rose 5.8% in the first quarter from a year ago, the Intermodal Association of North America said.

May 9, 2012

Intermodal Traffic Rises 5.5% for Week

U.S. intermodal traffic rose 5.5% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 4, 2012

Expeditors’ First-Quarter Profit Declines

Logistics firm Expeditors International of Washington said its first-quarter profit declined from a year ago as air freight volumes fell.

May 4, 2012

Consumer Confidence Reaches Highest in a Year

Consumer confidence rose in April to the highest level in a year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

April 27, 2012