Chicago-based Multi Group Logistics completed a deal to lease 250 dry-van trailers from Xtra Lease, the lessor said.
February 15, 2013Search
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Intermodal Freight Hits Record High in 2012, Powered by Domestic Containers, IANA Says
Intermodal freight in North America set an all-time record of 14.6 million shipments in 2012, powered by continued growth in domestic container shipments during the fourth quarter, the Intermodal Association of North America announced.
February 18, 2013Intermodal Traffic Rises 7.7% for Week
U.S. rail intermodal traffic rose 7.7% last week over the same week a year ago, the Association of American Railroads said.
February 15, 2013Radiant Logistics’ 2Q Income Falls
Third-party logistics company Radiant Logistics’ fiscal second-quarter net income fell from a year ago, the company said.
February 14, 2013Cardinal Merges With Greatwide Logistics Services
Third-party logistics company Cardinal Logistics Management Inc. said it has merged with Greatwide Logistics Services. Terms were not disclosed.
February 14, 2013Forward Air’s Fourth-Quarter Income Rises
Forward Air Corp. said its fourth-quarter net income rose from a year ago and that its revenue also improved.
February 12, 2013Opinion: Standard Forms Are Risky Business
As transportation and logistics businesses expand their services and customer bases in the rapidly evolving third-party logistics environment, many firms unknowingly expose themselves to legal risks by using a single, standard form of terms and conditions for all customer arrangements.
February 11, 2013El Paso, Juarez Plan Elevated Rail Shuttle to Move Trailers, Containers Cross-Border
Officials in El Paso, Texas, and Juarez, Mexico, said they are proceeding with an elevated, electric rail shuttle to move truck trailers and intermodal freight containers across the border that separates the two cities.
February 11, 2013Intermodal Container Volume Rose to Record Last Year, IANA Says
Intermodal container volume for 2012 rose 5.9% to an all-time high of 13.1 million units, the Intermodal Association of North America said Thursday.
February 7, 2013Echo Global Logistics’ 4Q Operating Income Rises
Echo Global Logistics said its fourth-quarter operating income rose, and its revenue increased by almost 30% from the same quarter a year earlier.
February 8, 2013