Intermodal rail volume for March rose 9.9% compared with the same time last year, the Association of American Railroads reported.
April 4, 2014Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Intermodal Rail Traffic Rises 9.9% in March
XPO Completes Pacer Acquisition
XPO Logistics Inc. said it completed the acquisition of Pacer International Inc., an intermodal and logistics management company, for $335 million in cash and stock.
April 1, 2014Descartes System Acquires Computer Management
Descartes Systems Group said it has acquired Computer Management USA, which provides security information filing services, for $6.6 million to broaden the buyer’s offerings.
April 1, 2014Feb. Trailer Orders Leap 67.6%; Total Is Largest Since Late 2012
February trailer orders leaped 67.6% from a year ago as fleets moved forward with equipment purchasing plans amid tightening capacity and higher freight demand, ACT Research reported.
March 31, 2014Intermodal Rail Traffic Rises 10.6% for Week
U.S. rail intermodal traffic increased 10.6% in the week ended March 22 compared with the same week last year, the Association of American Railroads reported.
March 28, 2014Utility Forecasts Strong Year for Trailer Sales
LOUISVILLE, Ky. — A top official at Utility Trailer Manufacturing Co. said he expects sales to reach 40,000 units this year, exceeding the company’s record of 38,628 units sold last year.
TransForce Wraps Purchase of Vitran
TransForce Inc. said it has completed its acquisition of Canadian less-than-truckload carrier Vitran Corp.
March 27, 2014Heil Plans to Re-Enter Stainless-Steel Trailer Market
LOUISVILLE, Ky. — Heil Trailer International announced plans to re-enter the market for stainless steel tank trailers as part of an effort to expand and diversify the market for the company’s products.
Obama Signs Bill Easing Restrictions for Propane Delivery
President Obama has signed into law legislation intended to help provide emergency relief during the propane and home-heating fuels crisis.
February Trailer Orders Jump 67.6%
February trailer orders jumped 67.6% from a year ago as fleets moved forward with equipment purchasing plans amid tightening capacity and higher freight demand, ACT Research reported.