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Consumer Confidence Declines
Consumer confidence fell in January, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 18, 2013Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
TransForce to Acquire Velocity Express
TransForce Inc. said Thursday it has entered into an agreement to acquire Velocity Express and its subsidiaries. No terms were disclosed.
January 17, 2013Intermodal Traffic Rises 10.4% for Week
U.S. rail intermodal traffic rose 10.4% last week over the same week a year ago, the Association of American Railroads said.
January 18, 2013IANA Elects Union Pacific’s Michaels Chairman
The Intermodal Association of North America last week announced that Barry Michaels, vice president of intermodal operations at Union Pacific Railroad, is the group’s new chairman.
January 17, 2013ABF Expands Ocean Transport to South America
ABF Freight System said it has expanded its ocean transport coverage to several countries in South America.
January 17, 2013England Logistics Appoints Beardall President
England Logistics said Tuesday it has promoted Jason Beardall to president from executive vice president.
January 15, 2013Livingston International Acquires MBLX Inc.
Livingston International said Monday it has acquired barge freight handling and forwarding company MBLX Inc. Terms were not disclosed.
January 14, 2013CN Opens New Calgary Intermodal Facility
Canadian National Railway Co. has opened a new intermodal terminal in Calgary, Alberta, a key transfer point from the Canadian ports of Prince Rupert and Vancouver and major U.S. and Canadian cities.
January 11, 2013Private Equity Firm Acquires American Fast Freight
Private equity firm The Jordan Company said it has acquired American Fast Freight, an ocean freight forwarding company. Terms were not disclosed.
January 10, 2013Sanderson Promoted to CEO of Bolt Holdings
Bolt Holdings, Toledo, Ohio, the parent company of Bolt Express and Strike Logistics, said it has promoted Guy Sanderson to CEO.
January 11, 2013