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Logistics News
Business, Logistics

LTL Carriers Hope Conference Committee Will Revive Pup-Trailer Expansion Plan

A House-Senate conference committee working to draft a compromise long-term highway bill may resurrect a proposal to allow longer tandem pup trailers that had been considered dead after the House bill that included it was dropped.

May 21, 2012
Business, Logistics

Caterpillar Sells Majority Interest in 3PL to Private Equity Firm for $750 Million

Caterpillar Inc. has agreed to sell a majority interest in its third-party logistics business to privately held Platinum Equity for about $750 million, while retaining its in-house international network to support its dealers and customers.

May 21, 2012
Business, Logistics

Intermodal Traffic Rises 3.1% for Week

U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 18, 2012
Business, Logistics

XPO Logistics Moves HQ to Connecticut

XPO Logistics Inc. said Tuesday it moved its corporate headquarters to Greenwich, Conn., from Buchanan, Mich.

May 16, 2012
Business, Logistics

Schneider, Pacer Sign New Rail Agreements

Schneider National and Pacer International have announced new intermodal agreements with rail carriers.

May 14, 2012
Editorial, Business, Logistics, Autonomous

Editorial: Life Is Good

There was some interesting advice offered by two of our industry’s best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.

May 14, 2012
Business, Logistics

Intermodal Shipments Up 5.8% to 3.48 Million; Highest 1st-Quarter Total on Record, IANA Says

Accelerating domestic demand pushed up first-quarter rail/truck shipments by 5.8% to 3.48 million, setting a record for the first three months of any year, the Intermodal Association of North America reported.

May 14, 2012
Business, Logistics

XPO Logistics Reports 1Q Loss, Buys Brokerage Firm

XPO Logistics reported a first-quarter loss and announced its first acquisition, saying it will buy brokerage firm Continental Freight Services for $3.4 million.

Rip Watson | Special to Transport Topics
May 11, 2012
Business, Logistics

Intermodal Traffic Rises 3% for Week

U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.

May 11, 2012
Business, Logistics

Caterpillar Selling Majority Stake in Logistics Unit

Heavy-equipment maker Caterpillar Inc. said it is selling a majority stake in its third-party logistics business to Platinum Equity for $750 million.

May 10, 2012
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