Intermodal traffic fell 1.3% for the week ended Saturday from a year ago, led by a decline in trailer traffic, the Association of American Railroads said.
September 9, 2011Search
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MD Logistics Expands With Reno Warehouse
MD Logistics said it has expanded its operations by opening a 55,000 square foot drug distribution center in Reno, Nev.
September 7, 2011XPO Logistics Acquired by Equity Firm
Third-party logistics company XPO Logistics, formerly known as Express-1 Expedited Solutions, said its acquisition by an equity firm is complete.
September 8, 2011Heavy Rains Force Road and Bridge Closures in Northeast
Heavy rains are flooding northeastern states, forcing road and bridge closures in New Jersey, upstate New York and Pennsylvania, where as many as 100,000 people around Harrisburg and Wilkes-Barre are being evacuated along the Susquehanna River.
September 8, 2011White House Considering Short-Term Help for Postal Service
The Obama administration is considering short-term assistance to help pull the Postal Service back from potential insolvency, the Associated Press reported Wednesday.
September 7, 2011EMA and TMA Announce New Name
The Engine Manufacturers Association, which includes the Truck Manufacturers Association, announced that it will now use the name Truck and Engine Manufacturers Association for the trade group.
September 7, 2011Chinese Manufacturer Planning Heavy-Duty Truck for U.S., European Markets, Report Says
Chinese truck maker Beiqi Foton Motor Co. has launched a heavy-duty truck for the U.S. and European markets, the first Chinese model built for high-end overseas markets, the China Daily reported.
September 7, 2011ISM Services Index Rises in August
The U.S. economy’s service sector expanded in August, the Institute for Supply Management said.
September 7, 2011Navistar’s 3Q Profit Jumps on Tax Gain; Company Plans 5% Stock Buyback
Navistar International Corp. said Wednesday its fiscal third-quarter profit jumped on an income tax gain, though its truck unit reported a loss due to restructuring charges.
September 7, 2011Economy Shows Mixed Activity, Fed Says
The U.S. economy’s growth slowed in some regions of the country in July and August on tighter consumer spending and factory production, the Federal Reserve said Wednesday.
September 7, 2011