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Logistics News
Business, Logistics, Equipment

Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

October 17, 2011
Business, Government, Logistics

Consumer Confidence Drops

Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 14, 2011
Business, Logistics

Intermodal Traffic Rises 2.4% for Week

U.S. intermodal traffic rose 2.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 14, 2011
Business, Logistics

FedEx Ground Expands Network with New Distribution Hub

FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.

October 13, 2011
Business, Logistics

Menlo Launches Transportation Services

Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.

October 13, 2011
Business, Logistics

Schneider Launches Canadian Intermodal Service

Schneider National has launched a new intermodal Canadian border-crossing service for North American shippers.

October 12, 2011
Business, Logistics

Clark Holdings Shareholders to Vote on Buyout

Logistics firm Clark Holdings is planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.

October 12, 2011
Business, Logistics, Equipment

Trailer Orders Gain 10%; Analysts Say Market Easing

Trailer manufacturers said they received 12,524 net orders in August, a 10% increase from a year ago, but below July’s level, ACT Research Co. reported last week.

October 10, 2011
Business, Logistics

Intermodal Traffic Rises 4.4% for Week

U.S. intermodal traffic rose 4.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 7, 2011
Business, Logistics

XPO Logistics Plans $500 Million Share Sale

XPO Logistics Inc. intends to sell as much as $500 million in securities to the public, the firm said in a Securities and Exchange Commission filing.    

October 7, 2011
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