The Conference Board’s index of consumer confidence unexpectedly decreased to 95.2 in April from 101.4 a month earlier, the New York-based private research group said April 28.
April 28, 2015Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
No rankings are available for this year.
Extras
Consumer Confidence Declines in April
TT Archives: Speed Limiters
In 2006, ATA asked the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration to require heavy trucks not only to install the speed limiters but to limit truck speeds to 68 mph.
April 27, 2015March Trailer Orders Fall 22%, But Manufacturers’ Backlogs Remain Strong
March trailer orders fell 22% from a year ago, but manufacturers remain busy building a heavy backlog of new equipment requested during the “epic” order season that began in the fall, ACT Research reported.
West Coast Port Gridlock Hampers Union Pacific Earnings
Union Pacific Corp., the largest U.S. railroad, posted first-quarter profit and sales below estimates as West Coast port congestion and slack coal demand caused carloads to decline.
Intermodal Rail Traffic in US Rises to Highest Level This Year
U.S. rail intermodal traffic rose 8.1% in the week ended April 18 compared with the same week last year, the Association of American Railroads reported.
April 22, 2015Democratic Senators Introduce Bill to Delay Positive Train Control
Two U.S. senators have introduced a bill seeking to delay the implementation of positive train control, a safety system the nation’s railroads are supposed to implement by the end of the year.
Echo Global Logistics to Acquire Command Transportation for $420 Million
Echo Global Logistics Inc. agreed to buy brokerage firm Command Transportation for approximately $420 million to expand the buyer’s non-asset-based capabilities for truckload customers.
April 21, 2015Canadian National Railway Reports First-Quarter Profit
Canadian National Railway Co. reported first-quarter earnings that beat analysts’ estimates as growing demand for forest products and a weaker Canadian dollar buoyed revenue.
‘Internet of Things’ Will Boost Value of Global Supply Chain by $1.9 Trillion, Report Predicts
The expansion of connected technology will generate $1.9 trillion in revenue gains and cost reductions for the global supply chain and logistics industry over the next decade, according to a new report published by logistics provider DHL and information technology firm Cisco.
Tiger Cool Express Says New Investment Will Support Its Container-Fleet Expansion
Tiger Cool Express, a temperature-controlled intermodal carrier, said Wood Creek Capital Management has purchased an ownership interest in the company to support the “rapid” expansion of its refrigerated container fleet.
April 17, 2015