XPO Logistics Inc. reported fourth-quarter results that included a loss of $62.8 million, or 58 cents per share, and a glimpse of less-than-truckload performance at the former Con-way Freight unit that was acquired in October.
February 25, 2016Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Schneider Opens Warehouse to Support Northeastern Ports
Truckload carrier Schneider has opened a 147,500-square-foot warehouse in Port Reading, New Jersey, to serve shippers utilizing Northeastern ports.
February 23, 2016XPO Files Federal Civil Suit Against R+L Carriers
XPO Logistics, including the former Con-way Freight, filed a six-count civil complaint against R+L Carriers in U.S. District Court in Detroit, alleging that R+L acted illegally in raiding employees from XPO.
February 22, 2016Odyssey Logistics Posts Double-Digit Gains in Past Year
New products and services including a cloud-based system have helped Odyssey Logistics post double-digit growth during the past year.
February 18, 2016Biden Calls for Increased Transportation Infrastructure Investment
Vice President Joe Biden called for greater public investment in transportation infrastructure during a Feb. 17 visit to a logistics yard east of Memphis, Tennessee.
February 18, 2016N.Y. State Senator, UPS Oppose Rail Merger
New York State Sen. Kathleen Marchione and UPS Inc. are among those who are opposing the merger of Canadian Pacific Railway and Norfolk Southern Corp., according to letters on file with the Surface Transportation Board.
February 18, 2016Amazon Expands Deliveries by Its 'On-Demand' Drivers
SAN FRANCISCO — Amazon.com Inc. is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multibillion-dollar logistics bill.
February 18, 2016Railroads Close Tracks, Cut Jobs Across the Country as Coal Cools Off
Working in or around Conway Terminal, the sprawling testament to the might of the U.S. freight railroad system, it might be easy to forget the storm of troubles brewing at Norfolk Southern Corp.
February 18, 2016Biden to Highlight Freight-Rail Project During Memphis Visit
Vice President Joe Biden will travel to Memphis on Feb. 17 to highlight work on Norfolk Southern's Crescent Corridor freight-rail project.
February 12, 2016CP’s Quest for Norfolk Southern Intensifies
MIAMI — Canadian Pacific Railway Ltd. and Norfolk Southern Corp. have upped the stakes in a $30 billion battle for control of the U.S. railway, as the potential acquirer said it would take its case directly to NS shareholders.
February 15, 2016