Truck/rail freight volume rose 5.1% to 4.21 million shipments in the third quarter, the Intermodal Association of North America reported, with renewed strength in the domestic container segment of the intermodal market.
November 10, 2014Search
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LiveOnWeb Replay: The 2014 Top 50 Logistics Companies
Watch a replay of our Nov. 19 installment of LiveOnWeb that focused on Transport Topics' release of the 2014 Top 50 Logistics Companies. Our TT panel was joined by Bob Farrell, Executive Director of the Automobile Carriers Conference. The panel conducted an overview of the list, analyzed capacity and congestion concerns and discussed automobile manufacturing and delivery challenges.
November 20, 2014
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.
November 10, 2014Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel
Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.
November 10, 2014Shippers Nudge Carriers, Brokers to Offer Expanded Service Menu
Shippers are asking carriers and logistics companies to handle their entire books of freight, with truckload, less-than-truckload, intermodal and parcel deliveries in the mix, transportation software makers said.
November 10, 2014Truckers to Seek HOS Waiver to Ease Calif. Port Congestion
Southern California port truckers, crippled by extensive delays, intend to seek the first-ever federal hours-of-service rule waiver for the sector in a bid to free up clogged cargo at the two largest U.S. ports.
November 10, 2014XPO Logistics Loss Narrows as Revenue, Margins Climb
XPO Logistics Inc. narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved.
November 6, 2014Expeditors Boosts Net Income 11%
Expeditors International of Washington Inc. said third-quarter net income rose 11% to $102.4 million, or 53 cents per share, from $92.4 million, or 45 cents, as demand and pricing improved for air and ocean freight.
November 4, 2014Forward Air Acquires Intermodal Firm for $5.75 Million
Forward Air Corp. said subsidiary Central States Trucking Co. acquired the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc. for $5.75 million.
November 4, 2014Consumer Sentiment Rises to Highest Since July 2007
Consumer confidence rose in October to a seven-year high as employment opportunities and declining gasoline prices boosted Americans’ spirits.
October 31, 2014