Rail Trade Group Changes Name, Strategy
The Consumers United for Rail Equity trade group, which has been lobbying for changes in rail pricing and service for more than three decades, has been renamed the Freight Rail Customer Alliance in an effort to broaden its membership and focus.
September 14, 2015Inventories Limit Freight Shipping, Expenditures
North American shipping activity declined 4.6% year-over-year in August, according to the Cass Freight Index, a measure of shipping activity in trucking and other modes of transportation, but it was not unexpected as manufacturing numbers also fell off.
September 14, 2015Schneider Adds US-Canada Intermodal Service
Schneider added intermodal service between the Southeast and Montreal over a more direct route.
September 14, 2015IMC Companies Acquires Global Shippers Association
IMC Global Solutions, a member of the IMC Companies family of brands, has acquired Global Shippers Association, a leader in the import of home furnishings.
September 14, 2015Navistar Defense Wins $369 Million US Army Contract
Navistar Defense, a unit of truck maker Navistar International Corp., said it won a $369-million contract from the U.S. Army Contracting Command to build 2,293 medium tactical vehicles for the Afghanistan National Security Force.
September 14, 2015Trailer Maker Manac Inc. Going Private, Led by Founder
Publicly traded trailer maker Manac Inc. of Saint-Georges, Quebec, said a group of investors will take the company private, led by Marcel Dutil, the company’s founder.
September 14, 2015OPEC Trims 2016 Estimates for Rival Supplies as US Oil Suffers
OPEC trimmed estimates for supplies from outside the group in 2016 as the slump in prices takes its toll on the U.S. shale-oil industry.
September 14, 2015XPO to Purchase Con-way
XPO Logistics Inc. last week agreed to buy Con-way Inc. for $3 billion — the highest price ever paid for a U.S. trucking company — to broaden its service offerings and leap into the less-than-truckload market.
September 14, 2015Letters to the Editor: Drivers Deserve Our Thanks Every Day; Knowing Your Drivers Cultivates Success
I would like to extend a very special and warm “Thank You” to all the men and women who keep America’s economy moving, 24/7/365.
September 14, 2015Opinion: One Week Isn’t Enough to Honor Drivers
In thinking about what I wanted to say to mark National Truck Driver Appreciation Week, I kept coming back to one thought: One week is not enough.
September 14, 2015