U.S. rail intermodal traffic increased 12.6% in the week ended April 5 compared with the same week last year, the Association of American Railroads reported.
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Ceva Logistics Opens Foreign Trade Zone in Miami
Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.
April 9, 2014Swift Says Weather Will Affect 1Q Earnings
Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.
April 8, 2014Intermodal Rail Traffic Rises 9.9% in March
Intermodal rail volume for March rose 9.9% compared with the same time last year, the Association of American Railroads reported.
April 4, 2014XPO Completes Pacer Acquisition
XPO Logistics Inc. said it completed the acquisition of Pacer International Inc., an intermodal and logistics management company, for $335 million in cash and stock.
April 1, 2014Descartes System Acquires Computer Management
Descartes Systems Group said it has acquired Computer Management USA, which provides security information filing services, for $6.6 million to broaden the buyer’s offerings.
April 1, 2014Feb. Trailer Orders Leap 67.6%; Total Is Largest Since Late 2012
February trailer orders leaped 67.6% from a year ago as fleets moved forward with equipment purchasing plans amid tightening capacity and higher freight demand, ACT Research reported.
March 31, 2014TransForce Wraps Purchase of Vitran
TransForce Inc. said it has completed its acquisition of Canadian less-than-truckload carrier Vitran Corp.
March 27, 2014Intermodal Rail Traffic Rises 10.6% for Week
U.S. rail intermodal traffic increased 10.6% in the week ended March 22 compared with the same week last year, the Association of American Railroads reported.
March 28, 2014Utility Forecasts Strong Year for Trailer Sales
LOUISVILLE, Ky. — A top official at Utility Trailer Manufacturing Co. said he expects sales to reach 40,000 units this year, exceeding the company’s record of 38,628 units sold last year.
March 27, 2014