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Logistics News
Business, Logistics

TT Archives: Labor Contract

The first National Master Freight Agreement between the Teamsters union and representatives of more than 1,000 trucking companies was signed in Chicago on Jan. 15, 1964.

June 15, 2015
Business, Logistics

Intermodal Rail Traffic Rises to Second-Highest Level This Year

U.S. rail intermodal traffic rose to the second-highest level this year for the week ended June 6, the Association of American Railroads reported.

June 10, 2015
Business, Logistics

Trinity Industries Must Pay $663 Million in Guardrail Defect Case

Trinity Industries Inc., maker of a highway guardrail safety system tied to at least nine deaths, must pay $663 million for defrauding the U.S. government.

Patrick G. Lee | Bloomberg News
June 10, 2015
Business, Logistics

XPO Logistics Acquires Norbert Dentressangle Shares

XPO Logistics Inc. announced it has acquired control of French logistics operator Norbert Dentressangle SA by acquiring the 67% ownership stake held by founder Norbert Dentressangle and his family.

June 8, 2015
Business, Logistics

Intermodal Rail Traffic Surpasses Carloads for First Month on Record

U.S. rail intermodal traffic surpassed carload volume in May for the first month on record, the Association of American Railroads reported.

June 4, 2015
Business, Government, Logistics

Consumer Comfort Falls to Lowest Level Since November

Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize.

June 4, 2015
Business, Logistics

Echo Global Completes Purchase of Command Transportation

Echo Global Logistics Inc. has completed its previously announced $420 million acquisition of Command Transportation, combining two of the eight largest freight brokerage firms in North America.

June 2, 2015
Business, Logistics

XPO Plans Note Sale Linked to Acquisitions

XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.

June 1, 2015
Business, Logistics

Shortage of Available Build Slots Weighs Down April Trailer Orders

New trailer orders declined for a third straight month, dropping 31% in April compared with a year earlier, ACT Research reported, attributing the downturn to a shortage of manufacturing capacity rather than weaker demand.

June 1, 2015
Business, Logistics

Carriers, Shippers Say Stronger Ties Are Forged by Working Together

With tight capacity compelling carriers to get more selective about the freight they’ll haul, shippers are working to strengthen relationships with the companies that deliver their goods.

June 1, 2015
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