Wabash to Buy Trailer Assets of Beall Corp.
Trailer manufacturer Wabash National Corp. said Friday it has agreed to buy the tank and trailer business of Beall Corp., a maker of aluminum tank trailers and related equipment, for $15 million.
January 25, 2013Union Pacific Reports $1 Billion 4Q Profit
Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.
January 24, 2013Norfolk Southern, CSX Report Lower 4Q Income
Eastern freight railroads Norfolk Southern Corp. and CSX Corp. each reported lower fourth-quarter profits from a year ago.
January 23, 2013Canadian National Reports Higher 4Q Profit
Canadian National Railway Co. reported a higher fourth-quarter profit from a year ago on higher freight volume.
January 22, 2013BNSF Sets $4 Billion Expansion for Oil, Intermodal Shipments
Berkshire Hathaway Inc. plans to increase capital spending at its BNSF Railway Co. by $4.1 billion this year as it prepares to handle rising oil shipments and expands its intermodal terminal capacity, Bloomberg News reported.
January 22, 2013Kansas City Southern Reports Higher Operating Income for 4Q, Year
Kansas City Southern reported a smaller fourth-quarter profit but said its revenue rose 7%, boosted by strong intermodal volume.
January 22, 2013BNSF Projects Its Crude Oil Shipments to Climb 40% on Shale Boom
Burlington Northern Santa Fe railroad will boost crude-oil shipments by 40% this year, helping to offset declines in other cargo, Bloomberg News reported.
January 9, 2013November Trailer Orders Decline From Strong Year-Ago Performance
Orders for new U.S. trailers tumbled 22.8% to 22,306 in November from the same month in 2011, when new orders hit a recent peak, but manufacturers said they remained very busy at the end of 2012.
January 7, 2013Opinion: Selecting the Right Trailers, New or Used
Before adding one, two — or several hundred — trailers, a fleet manager needs to determine what equipment’s right for the application and to do it by knowing what’s out there, what’s right for an operation, and the most basic choice of all, whether to buy new or used.
December 10, 2012Trailer Orders Rise 29.1% as Year-End Rush Begins Early
Orders for new freight trailers jumped 29.1% in October from the same month in 2011, the highest monthly total since January, as the end-of-year rush appeared to arrive early, ACT Research reported. Sales totaled 23,597.
December 3, 2012