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Second-Quarter Surge Has Intermodal on Pace for New Record

This story appears in the July 16 print edition of Transport Topics.

Intermodal shipments that surged late in the second quarter have pushed 2012 truck/rail freight volume ahead of the record pace set in 2006, the Association of American Railroads reported.

July 16, 2012

Detroit Reman Offers More Parts Choices from Daimler in North American Aftermarket

TOOELE, Utah — As soon as Daimler Trucks offers its North American customers a new part or system, the corporation’s remanufacturing unit, Detroit Reman, is already figuring out how to get used versions of them as soon as possible, so the division can remanufacture them and sell them on the aftermarket.

July 16, 2012

Trucking Earnings Expected to Increase on Higher Rates, Lower Diesel Prices

Second-quarter trucking earnings are expected to show that higher freight rates and lower fuel prices helped most publicly traded fleets notch better results than a year ago, analysts said.

July 16, 2012

GE Capital Sells Last 27,000 U.S. Trailers from TIP Fleet to Trio of Companies

Investor Wood Creek Capital Management, along with Bowman Sales and Equipment Inc. and Milestone Trailer Leasing, last week bought 27,000 U.S.-based trailers from GE Capital, continuing the transformation of the highway leasing market.

July 16, 2012

ATA Projects 21% Tonnage Gain by 2023

The freight transportation industry will grow “significantly” in the next decade, and trucking will increase its share of the market, American Trucking Associations said in a report released last week.

July 16, 2012

Saia Acquires Robart Cos. Brokerage, Logistics Firms

Less-than-truckload fleet Saia Inc. announced it has acquired Robart Transportation Inc. and subsidiary, RL Services Group LLC, which offer freight brokerage and logistics services.

July 12, 2012

Ryder Boosting Dividend

Ryder System said it will boost its quarterly dividend by 2 cents to 31 cents per share.

July 12, 2012

Import Prices Fall 2.7%, Largest Drop Since 2008

The price of goods imported to the United States fell 2.7% last month, the biggest drop since December 2008, the Labor Department reported Thursday.

July 12, 2012

Mexican Carrier Seeks Cross-Border Approval

A Mexican owner-operator is seeking approval from the Federal Motor Carrier Safety Administration for the U.S.-Mexico cross-border trucking pilot program.

July 12, 2012

Initial Jobless Claims Drop

Initial jobless claims dropped last week to the lowest level in four years, the Labor Department said Thursday

July 12, 2012