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Logistics News
Business, Logistics

Consumer Confidence Climbs More Than Expected in March

Consumer confidence rebounded more than forecast in March as American households grew more upbeat about prospects for the labor market and economy.

Tatiana Darie | Bloomberg News
March 29, 2016
Business, Logistics

XPO Logistics Adds to Presence in Britain

XPO Logistics Inc. has landed food service deals with two companies in the United Kingdom, most recently with retailer Iceland, XPO said March 15.

March 15, 2016
Business, Government, Safety, Logistics, Autonomous

Study Finds Additional Research Needed to Better Understand Driver Fatigue

While there is some evidence that fatigue among truck drivers increases the risk of crashes, questions remain about effective ways to minimize that risk, according to a new report from the National Academies of Sciences, Engineering and Medicine.

Eric Miller | Senior Reporter
March 14, 2016
Logistics

US Antitrust Chief Concerned About CP Rail-Norfolk Proposed Trust

The head of the Justice Department’s antitrust division said he's concerned about the proposed voting trust structure Canadian Pacific Railway wants to use to acquire Norfolk Southern Corp.

March 10, 2016
Business, Logistics

XPO Becomes Logistics Manager for Trinity Health

XPO Logistics is expanding its presence in the health care industry by landing a contract as the third-party logistics provider for Trinity Health, the two companies said March 9.

Jonathan S. Reiskin | Associate News Editor
March 9, 2016
Business, Logistics

CP Rail CEO Harrison Says Combination with CSX Still Possible

Canadian Pacific Railway still is interested in exploring a merger with CSX Corp. even as Canada’s second-largest carrier continues to pursue Norfolk Southern Corp., CEO Hunter Harrison said.

Frederic Tomesco | Bloomberg News
March 8, 2016
Business, Logistics

CSX Intermodal Terminal Brings Economic Boost to Florida Town

The facility is a month shy of its second birthday, but Winter Haven, Florida, city and business leaders say the CSX intermodal terminal and surrounding logistics center already are bringing the economic development they wanted.

Madison Fantozzi | The (Lakeland, Fla.) Ledger
March 8, 2016
Business, Logistics

TRAC Intermodal Reports 2015 Profit, Reverses Year-Earlier Loss

Chassis provider TRAC Intermodal reported 2015 net income of $26.7 million, reversing a year-earlier loss of $3 million as revenue improved 10%.

March 4, 2016
Business, Logistics

Consumer Comfort Falls to Lowest Level of the Year

Consumer confidence declined in the last week of February to the lowest level of the year as Americans’ perceptions about the economy and the buying climate waned.

Tatiana Darie | Bloomberg News
March 3, 2016
Business, Logistics

CSX Surges After Report of Canadian Pacific Takeover Interest

CSX Corp. jumped as much as 8% after the close of trading in New York, following a report that Canadian Pacific Railway approached the U.S. railroad about a takeover in January and was rebuffed.

March 2, 2016
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